Analysts expect earnings of S&P 500 companies to have risen 4.1% in the third quarter from a year ago, versus an 11.1% rise forecast in early July, according to Refinitiv data.
The big US banks will present their quarterly results on Friday, which could offer information on the health of the US economy.
Dow Jones Industrial Average Up 0.5%; the S&P 500 index remained stable and while the Nasdaq Composite fell 0.9%.
The main Wall Street indices come from a losing streak in recent sessions for fear that the economy will enter a recessionafter recent labor market data suggested more rate hikes by the Federal Reserve.
The International Monetary Fund cut its global growth forecast for 2023 and sees US growth this year at a meager 1.6%, down 0.7 percentage point from July, reflecting an unexpected contraction in the GDP in the second quarter.
Shares of Microsoft, Twitter Inc, Amazon, Apple, and Tesla fell between 1% and 3.5%.
Source: Ambito
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