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Wall Street Week Ahead: Investors focusing on profit margins as rising prices, wages start to bite

Reuters  |  NEW YORK 

By Trevor HunnicuttNEW YORK (Reuters) - For years U.S. inflation has been the dog that did not bark, but rising prices and wages are now showing signs of squeezing profit margins across corporate America, leading investors to punish companies whose results are deteriorating.Investors have long focused on rewarding companies that can multiply sales in a relatively slow-growth U.S. economy like Netflix Inc and Inc, but they are now paying more attention to figures further down the income statement like expenses and pre-tax margins.So far this year companies with high operating ...

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First Published: Fri, June 08 2018. 16:38 IST