Published Friday, April 22, 2022 at: 7:57 PM EDT
The stock market had another bad week, as the Standard & Poor’s 500 dropped 2.8% Friday and lost -2.8% from last week’s closing price. The stock index is 11% lower than the all-time high of Jan. 3, back into correction territory.
About 80% of public companies that have reported earnings for the first quarter of 2022 are beating analyst expectations, according to a report in The Wall Street Journal referencing FactSet, a financial data and analytics firm.
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