What should investors focus on after a rocky quarter? It’s all about earnings: Morning Brief – Yahoo Finance
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, September 30, 2022 Today’s newsletter is by Julie Hyman , anchor and correspondent at Yahoo Finance. Follow Julie on Twitter @juleshyman . It’s the end of the third quarter, and it’s been a bumpy ride for investors. After a two-month, 17% rally for the S&P 500, the index headed downslope, wiping out its June lows this week. The benchmark’s stats are sobering: It has fallen for three consecutive quarters, for a total drop this year of nearly 24%. It’s been tough to find equity winners. While consumer discretionary and energy shares rose during the quarter, both plummeted from recent highs. Only one-third of the S&P 500 individual components are set to finish the third quarter in the green. The quarter taught tough lessons to investors about their ability to predict the future. We talked to market pros about their th...