Third Quarter Earnings Growth Should Help Boost Stocks Even Higher

Earnings growth is expected to soften for the third quarter, but one analyst expects the impact on stocks to be positive.
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Analysts are expecting roughly 3% year-over-year earnings growth for the third quarter.

Even though that less than the double-digit growth seen in the prior two quarters, Oliver Pursche, chief market strategist at Bruderman Brothers, expects the subdued growth to lift the broader markets higher. 

Netflix  (NFLX) - Get Report  reported better than expected earnings on Monday. General Electric (GE) - Get Report  and United Continental Holdings  (UAL) - Get Report report earnings throughout the week. 

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