Best Earnings Growth Since 2011 Backs S&P 500 at Record: Chart

Companies in the S&P 500 Index are marching toward 16.5 percent earnings growth in the first quarter -- the best year-over-year growth in nearly six years. With 10 percent of the index left to report, the U.S. equity gauge advanced 0.5 percent to post a new high on Monday. Even though 71 percent of companies beat earnings forecasts, “analysts continue to curb expectations for the rest of the year,” Gina Martin Adams, chief equity strategist at Bloomberg Intelligence, wrote.

    Before it's here, it's on the Bloomberg Terminal.
    LEARN MORE