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Earnings Season Headlines

BUZZ-U.S. stocks weekly: Calm before the earnings storm

** S&P 500 snaps 3-week win streak, though just inches lower by 0.08%. This as 155 cos prepare to report results next week, the busiest period of Q1 earnings season ** Indeed, the SPX is almost there in terms of a new high , and Nasdaq is also nearing its high hurdle ** But given weak flow, there's risk the advance may run dry . This as the NYSE Composite's tepid breakout looks challenged ** And an evil twin may rear its ugly head, just as the Dow Futures try to get back on trac

Risk of U.S. 'profit recession' eases as results beat forecasts

The initial earnings results of this reporting period are beating expectations by a wide margin, suggesting to some investors that the S&P 500 may be able to avoid a so-called "profit recession" this year because predicted economic bad news has failed to materialize.

Accor says confident over 2019 after Q1 sales rise

Accor, Europe's biggest hotel group, said on Thursday it was confident over its 2019 outlook after its first quarter revenue rose 8.8 percent on a like-for-like basis thanks to robust business in Europe and a recovery in South America.

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