<ul><li>Investors have already chopped more than $5 trillion off the value of companies in the S&P 500 Index over the last three sessions as they fret that an escalating trade war risks slashing profits.</li><li>For the first quarter, analysts now see year-over-year earnings growth of 6.7% for the S&P 500, down from about 11.1% in early November when Trump was elected.</li><li>Trump’s tariffs are threatening to upend multinational companies’ supply chains and weigh on export demand. Meanwhile, recession fears are shaking consumer confidence.</li><li>Margin forecasts for the first quarter are currently sitting at 15.6%, down from the level of 16% seen in January.</li></ul>

Wall Street Braces For Souring Corporate Earnings Amid Trade War

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