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S&P 500 Earnings and the Energy Sector

Stock prices tend to follow corporate earnings. When profits rise, the stock market usually performs well. When profits fall precipitously, bear markets ensue. With this in mind, it is little surprise that stocks have struggled to make gains over the past 12 months. S&P 500 corporate earnings have declined 1%. However, weakness largely comes down to the energy sector, with profits outside of energy rising by about 6%. This suggests that corporate America is in even better shape than headlines earnings numbers suggest, which provides a backbone of support for U.S. stocks.

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DISCLAIMER: Past performance does not predict future results. This report is based on data obtained from sources we believe to be reliable. Hefren-Tillotson does not, nor any other party, guarantee the accuracy or completeness of this report or make any warranties regarding results obtained from its usage. All opinions and estimates included in this report constitute the firms judgment as of the date of this report and are subject to change without notice. This report is for informational purposes only and is not intended as an offer or solicitation to buy or sell the securities herein mentioned.
Investment Advisory Team
Hefren-Tillotson

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Hefren-Tillotson Inc. is a leading diversified financial services firm providing investment and retirement plan management and comprehensive, financial planning through MASTERPLAN® for individuals and businesses. The firm’s wealth management services are administered by Certified Financial Planner (CFP) professionals, Chartered Financial Analyst (CFA) Charter holders, attorneys, Chartered Life Underwriters, and CPA/PFS’s. Hefren-Tillotson offers corporate services including 401(k) retirement planning, executive financial counseling, fiduciary reviews and workplace financial planning seminars. Founded in 1948, the firm is headquartered in Pittsburgh and has offices located in Pittsburgh, Butler, Greensburg, North Hills, and South Hills.