Energy companies and those relying heavily on international sales are expected to be the biggest drag on earnings this coming season as the S&P 500 Index is forecast to see its year-over-year quarterly earnings decline for the first time in nearly six years.
The S&P 500 SPX, +0.90% rising 2.7%, and the Nasdaq Composite Index COMP, +0.68% gaining 3.2%. The weekly gains on the Dow and the S&P 500 put them back in the black for the year.
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