If it feels like U.S. stocks are particularly jumpy this earnings season, that’s because they are.
From Facebook Inc.’s record plunge to Apple Inc.’s 5 percent rally, first-day reactions in individual stocks to quarterly results have been more pronounced this season than any time in at least two years. At an average 3.9 percent, up-or-down swings in S&P 500 stocks are up from a mean of 3.2 percent in the last eight quarters, data compiled Goldman Sachs showed.
