Crucial QuoteThird-quarter earnings season has been outstanding relative to expectations by many measures, and the huge upside surprise in earnings may get more attention as more political uncertainty clears, says LPL Financial Equity Strategist Jeffrey Buchbinder. Surprising FactHistorically, Friday the 13ths in November are worse for stocks than in any other month, notes Ryan Detrick, the chief market strategist for LPL Financial. Why did this happen? ToplineStocks ended the week higher after a slew of better-than-anticipated earnings helped prop up gains among the major indexes on Friday, closing out a roller coaster of a week marked by promising vaccine prospects and heightened trade tensions. Global markets, meanwhile, were mixed on Friday: The United Kingdom's FTSE 100 ended the day down 0.4%, while France's CAC 40 added 0.3%, and Hong Kong's Hang Seng Index ended the day virtually flat.
November studies have been conducted by professionals.
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November studies have been conducted by professionals .
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