Investors set for first U.S. earnings quarter under Trump tariff war

News Snapshot:

U.S. companies are getting ready to open their books on the second quarter, with investors looking for signs of an impact from President Donald Trump’s trade war launched on April 2. While earnings growth is expected to decelerate from the first three months of the year, a sharp decline in the dollar could help to offset possible tariff effects. Analysts are forecasting second-quarter growth of 5.8 per cent year-over-year compared with 13.7 per cent in the first quarter, LSEG data show. JPMorgan Chase and other big banks are due to report results on July 15, unofficially kicking off the reporting...