The Power of Corporate Earnings

Stocks stumbled across the globe last week as trade tension continued to escalate. Despite rebounding somewhat on Friday, the S&P 500 experienced its first weekly loss in a month, and the Dow posted its worst week since March.  The S&P 500 dropped 0.89%, the Dow lost 2.03%, and the NASDAQ fell 0.69%.  International stocks in the MSCI EAFE gave back 0.98%.

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