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The initial reads on earnings have been mixed, and yet U.S. stocks are hovering near all-time highs.More than 60 S&P 500 companies are scheduled to release results this week, including more than half a dozen Dow components. Earnings for S&P 500 companies are expected to rise 7 percent in the quarter, down from the 7.6 percent rate that had been forecast at the start of the year.With 10 percent of the S&P 500 having reported results so far, 50 percent have topped earnings forecasts, well below the historical average of 63 percent, according to Thomson Reuters data.Last week, the Dow rose 0.1 percent, the S&P 500 slipped 0.2 percent and the Nasdaq climbed 0.6 percent.For the year so far, the Dow is down 0.7 percent and the S&P 500 is down 0.5 percent, while the Nasdaq is up 0.5 percent.
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