With some tough economic news in the last week or so with the jobs report, and today some evidence of a slowdown in China, Wall Street is anticipating modest reports from corporations.
Alcoa, one of the world's largest aluminum producers, announced its first quarterly loss since 2009 — and it says the European debt crisis is to blame.
Alcoa, a major aluminum producer, kicked off earnings season on a dull note. Will other American companies be affected by the ongoing problems in Europe?
With ongoing troubles in Europe and an obvious slow down in many Asian economies, it looks as though America might be the bright spot in the global economy.