SCOREBOARD: Earnings anxiety

Wall Street was hit by earnings season jitters overnight, though new data showed US consumers buoyant.

It appears that anxiety over this coming earnings season exacerbated overnight, and stocks took another hit as a result. On Wall Street we’re talking falls around 0.5 per cent for the Dow (13316) and S&P500 (1454) (bit over an hour left to trade), while the Nasdaq is off 0.3 per cent (3090). There really wasn’t any more to it. Data was light and not really view changing – marginally positive is probably the best way to view it.

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