The Tell: These S&P 500 sectors are in positive earnings-revision territory, but tech has slipped, says RBC

by | Apr 24, 2023 | Stock Market

Company earnings season for the first quarter is “off to a decent start,” according to RBC Capital Markets. The  tone of companies’ commentary has been “fairly balanced, with acknowledgement of resiliency and bright spots along with acknowledgement of problems that have emerged and worries on the C suite’s mind,” said Lori Calvasina, head of U.S. equity strategy at RBC, in a research note Monday. “Consumers have been described as normalizing, healthy, stable, and careful.” Looking…

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