Salient to Investors:
Kevin Caron at Stifel Nicolaus cites the slowing down in earnings improvement, so stocks need to pause as investors recognize that estimates are too high, or we need genuine economic improvement to justify stock valuations.
69 percent of the 55 S&P 500 stocks so far reporting have beaten earnings estimates for profit, 51 percent have beaten sales estimates.
Analysts forecast S&P 500 earnings fell 1.4 percent in Q1.
Read the full article at http://www.bloomberg.com/news/2013-04-17/u-s-stock-index-futures-drop-yahoo-sinks-on-forecast.html
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