You are here


Rally may continue this week if earnings pick up

Investors turn bullish on Fed's hints of delay in rate rise, recovery in commodity prices and positive China signals

This week may bring negative earnings reports from banks after bond and currency trading operations took a hit during the volatile months of August and September. But industrial group General Electric may have a brighter outlook.

STOCKS rallied last week as worries about an imminent interest rate hike and outright busts in Chinese factories and Texas oilfields faded, and the gains could build this week, if third-quarter earnings pick up from an inauspicious beginning.

The Dow Jones Industrial Average and the...

Market voices on: