4Q23 U.S. Earnings: What it means for Magnificent 7 and the rest

4Q23 U.S. Earnings: What it means for Magnificent 7 and the rest

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In 2023, financial markets thrived with positive economic indicators, a 26% gain in the S&P 500, and optimistic expectations for 2024's 11% profit growth. Operating EPS for 4Q23 is estimated at $51.92, with a 3.1% y/y increase but a -0.6% q/q decline.