Why are Q3 earnings important? Earnings from big-name compani | Forex Trading Experts 📊 HYCM

Why are Q3 earnings important?

Earnings from big-name companies like Apple, Amazon, Facebook (Meta), and Google (Alphabet) have the power to move whole indexes like the S&P500. As these big-name stocks have a large weighting in the indexes, a surprise earnings announcement can impact wider risk sentiment and cause indexes like the Dow, S&P500, and Nasdaq to move sharply higher or lower.

This earnings season is very important because investors want to see if the US consumer is starting to slow down their activity. Apple’s earnings on Thursday have the potential to move markets sharply, for example, if investors see a big miss in the earnings expected.

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