Earnings For The S&P 500 Expected To Be Highest In Years (AAPL, CAT, DOW)

Earnings for the fourth quarter for the S&P 500 are expected to be the highest they've been in years, according to this article from Bloomberg. Companies like Apple AAPL, Caterpillar CAT, and Dow Chemical DOW are all expected to post strong earnings, thanks in large part due to demand for the companies products. Earnings for the S&P are expected to come in at $22.05 for the fourth quarter. “The momentum of recovery is pretty well in place at this point,” said John Carey, who helps manage about $55 billion of U.S. securities for Pioneer Investment Management in Boston in a phone interview with Bloomberg. Earnings season is set to get kicked off next week with Alcoa AA, as it reports earnings after the bell on Monday.