Analysts cut the S&P 500 Q2 bottom-up earnings per share (EPS) estimates by 0.7%, from US$32.12 to US$31.89. As FactSet reports, the decline was the smallest cut during the first month of a quarter since 2014, and was lower than average quarterly cuts over the past 5 years (2.3%), and 10 years (2.5%). While the […]