The Resurgent Dollar Could Hurt S&P 500 Earnings
The dollar's rising again, which helps Americans by making imports cheaper and curbing inflation, but it can also hurt U.S. companies that are increasingly reliant on exports.
The dollar's rising again, which helps Americans by making imports cheaper and curbing inflation, but it can also hurt U.S. companies that are increasingly reliant on exports.
There's never a dull moment on Wall Street, especially when earnings season is just about to get under way. Let's go over some of the items that will help shape the week that lies ahead.
On Tuesday, the Dow Jones Industrial Average closed at 13,005, the first time it had crossed the 13,000 line since its plummet as the nation sank into the financial crisis almost five years ago. But what is the Dow, anyway? And what are these "points" it's measured in? Allow us to explain...


