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Another quarterly earnings season is about to kick off.
In the first half of the year, the Dow Jones Industrial Average rebounded from a negative return in 2022. Through the first six months, 15 of the 30 stocks that make up the composite index were up, while 15 were down.
This week, expect plenty of investors and analysts alike to chime in on which stocks will be the most resilient heading into the second half of 2023 despite persistent inflation.
Here are some of the corporates slated to announce earnings in the coming days:
Separately, the June consumer price index (CPI) report is set to be released Wednesday at 8:30 a.m. ET. Whether the results inspire a continued stock-market rally, or dampen the moods of bullish investors remains to be seen.
The June CPI reading from the Bureau of Labor Statistics showed the inflation rate coming in at 4% year-on-year against the 4.1% forecasted, and marking a substantial drop from the 4.9% reported in April.
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