Via Bloomberg:
- Morgan Stanley and Citigroup Inc. slashed their estimates for 2025 earnings
- joining a wave of Wall Street banks warning that tariffs will curb profit growth
Citi’s lowered 2025 prediction for the S&P 500 to 5,800 from 6,500
- predicated on earnings of $255 a share for companies in the index, down from a previous $270 projection
Morgan Stanley cut 2025 earnings-per-share forecast to $257 from $271.
This article was written by Eamonn Sheridan at www.forexlive.com.
#Morgan #Stanley #Citigroup #slashed #estimates #earnings #Forexlive
stocks earnings cut
latest news today, news today, breaking news, latest news today, english news, internet news, top news, oxbig, oxbig news, oxbig news network, oxbig news today, news by oxbig, oxbig media, oxbig network, oxbig news media
HINDI NEWS
News Source
