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Stocks Slip on Profit-Taking, Poorly Received Earnings

EQUITIES

US equities slipped into the close Friday, shedding around 0.2-0.3% to remain within the weeks range. Profit taking amid negative received earnings was largely responsible, with updates from IBM and Intel prompted large losses for both names.

122 stocks in the S&P 500 report earnings next week, amounting to 36% of the index by market cap. Of that 36%, half of that is made up of just 5 companies: Apple, Microsoft, Tesla, Facebook and Visa.

Full earnings schedule with timings, EPS & sales expectations and season-so-far analysis here:

https://roar-assets-auto.rbl.ms/documents/7946/MNI...

MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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