Morning Scan: Wall Street Braces for Q2 Earnings Reports

Receiving Wide Coverage ...

Headache du jour: This earnings season is all about lowering expectations. When JPMorgan kicks off the process on Thursday, the "big question" isn't about whether firms will meet or exceed projections. Instead, second-quarter results will help determine "whether bank stocks will be dead in the water for another year or two," according to the Wall Street Journal. ...