Us Market Update By MarketMagnify

Slowing growth in emerging markets and currency fluctuations in anticipation of a . interest rate hike may push third-quarter revenue and earnings estimates lower this month. 

Wall Street expects a 3.4 percent decline in earnings for the S&P 500 for the quarter. 

Estimates have already fallen for 9 out of 10 of the benchmark index's sectors so far this year, according to Thomson Reuters data.

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