Will the new iPhone save Apple from a negative report?

by time news

Investors expect that the upcoming reporting season will lead to a decline in stocks. Some investors are keeping an eye on Apple because it is seen as an indicator of global economic conditions. Over 60% of the people who responded to the survey MLIV Pulse The latter say that this reporting season will bring declines in the 500 index (-0.4% 3625.03). Meanwhile, there is no end in sight to the downward trend in the stock market. In addition, Wall Street’s negative close on Friday dashed hopes that the sharp two-day surge early last week would lead to an uptrend. About half of the survey respondents expect the valuations of companies to decrease even more than their average over the past decade.

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