Analysts think profit growth slowed for U.S. multinational companies from October through December because of weaker demand overseas. Europe is on the brink of recession, and China's explosive economy is cooling.Quarterly profits for S&P 500 companies will probably only grow at half the rate of the previous three quarters, said Sam Stovall, chief equity strategist at S&P's Capital IQ. The companies generate about half their revenue overseas, he said.
Stocks Drift Lower On First Day Of Earnings Season
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