Jefferies Sees Rest of S&P 500 Outpacing Magnificent Seven on Q3 Earnings Growth
Jefferies expects the rest of the S&P 500 to outpace the Magnificent Seven in third-quarter earnings growth, suggesting profit momentum is broadening beyond mega-cap technology.
REST OF S&P 500 SEEN OUTPACING MAG 7 ON Q3 EARNINGS GROWTH - JEFFERIESThe rest of the S&P 500 CBOE:SPX is expected to outpace the "Magnificent Seven" on earnings growth in the third quarter, according to Jefferies, a sign that profit momentum is broadening beyond the handful of mega-cap technology…