09-05-2016 23:58 via news.yahoo.com

U.S. companies brighten their earnings outlook

As companies share their expectations for coming months, the proportion of raised forecasts to those that are lowered is the healthiest it has been since 2011, according to Thomson Reuters data. Technology and healthcare sectors are leading the way with forecasts that are even rosier than those of most analysts, including from Adobe Stryker and Baxter International . Apple is the largest component of the S&P 500.
Read more »