J.P. Morgan, Goldman Sachs, Intel, Google to report results Investors will start finding out if a stronger U.S. dollar really dents quarterly results this week as earnings season ramps up with the financial sector providing the bulk of reports and a few key players in tech posting results. Stocks are coming off another rough week with the Dow Jones Industrial AverageDJIA, -0.69% off 2%, the S&P 500 Index SPX, -1.15% down 3%, and the Nasdaq Composite Index COMP, -2.33% sliding 4%. In a recent report, Goldman Sachs said it expects S&P 500 companies dependent on foreign sales to turn in disappointing revenue for the third quarter because of weaker macro data and a stronger dollar. “We believe domestic-facing stocks will be less likely to miss estimates relative to those with Western Europe revenue exposure,” Goldman Sachs noted. Stocks with the highest foreign exposure have taken a turn for the worse lately after a good run since 2012, said Bank of America Merrill Lynch strategist Savita Subramanian, offering a similar assessment for companies dependent on foreign sales. “The top 50 stocks in the S&P 500 by foreign exposure fell over 5% last quarter, making this the worst-performing factor that we track,” Subramanian said. “Estimate revisions for this segment have deteriorated over the past two months, suggesting a lower bar to beat this earnings season.” The U.S. Dollar Index DXY, -0.14% which tracks the dollar against a basket of six major currencies, rose nearly 8% over the third quarter. Financial earnings reports dominate this week with nearly 50% of the weighting on the S&P 500 reporting, but as Goldman points out, that sector is relatively less reliant on non-U.S. revenue when compared to other sectors like tech, which will also see some big names reporting this week. via