Today marked the start of earnings season as major corporations began reporting their 1st quarter-2016 profits. Many analysts are expecting a disappointing first quarter. Today’s Wall Street Journal explained why “Earnings Season” will be as bad as Wall Street expects. Read the story here.
According to a report on CNBC one word that many Wall Street CEOs are focusing on is: Liquidity. Meaning- the more liquid assets an investor has, the more they’ll be able to better deal with unforeseen financial challenges in the future.
See more below.
Here are the final numbers from Monday, 4/11/16 on Wall Street:
Dow Jones Industrial Average: 17,556.41 (-20.55/ -.12 %)
NASDAQ: 4.843.30 (-17.29/ -0.36 %)
S&P 500: 2,041.99 (-5.61/ -0.27 %)