78% of S&P 500 Have Beaten Earnings Expectations

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After an abysmal January, U.S. equity markets began February with a surge. Even after a Greek downgrade sparked a modest Friday selloff, both the S&P 500 and DJIA gained more than 3% during the week. A four-day Treasury selloff sent yield on the benchmark ten-year to 1.94%. Oil prices posted their biggest one-week gain since 2011, with the U.S. benchmark closing around $52/barrel.

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