Which sector will be the biggest winner?

Offices within the heart of the Square Mile on Nov. 1, 2017, within the City of London, England.

Richard Baker | In Pictures | Getty Images

Offices within the heart of the Square Mile on Nov. 1, 2017, within the City of London, England.

Earnings season will be just around the corner along with U.S. banks are among the first names reporting in which week. All eyes are likely to be on J.P. Morgan along with Wells Fargo, which are due to report quarterly results on Friday.

Fourth quarter results will come after a strong start to the year for stocks, with the Dow Jones industrial average cracking the 25,000 mark within the first trading week of the year. Markets globally have also seen robust gains, with the Hang Seng Index touching 26-year highs.

Earnings on the S&P 500 are projected to have increased 11.9 percent within the last quarter of 2017, according to Thomson Reuters I/B/E/S.

Ahead, investors are positive on earnings within the brand-new year following the passage of a tax plan stateside which includes a cut within the corporate tax rate.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

two + 5 =