Wall St Week Ahead-Investors seek profit turnaround to drive stocks higher



(Repeats story first published Friday with no changes to text)
By Lewis Krauskopf
Oct 14 A heavy slate of U.S. corporate earnings could set the course next week for a wavering U.S. stock market.
Better-than-expected big bank earnings on Friday somewhat helped shore up Wall Street's confidence, which has been shaken by a rocky beginning to third-quarter reporting season, marred by disappointing results from industrial and healthcare companies.
But with the bulk of results still to come, investors are counting on large U.S. companies to stop a year-long streak of profit declines. Next week's... read more

 
16 October 2016 in World News, Views: 38
Source: Reuters
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