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Nasdaq falls ahead of earnings, economic data while oil rallies

Nasdaq falls ahead of earnings, economic data while oil rallies

By Sinéad Carew and Ragini Mathur Oct 12 (Reuters) - The technology-heavy Nasdaq composite closed lower on Monday as oil prices jumped nearly $2 a barrel after attacks on a Saudi airport, and investors waited for banks to kick off the third-quarter earnings season and for economic data this week.
ReutersReuters
Nasdaq ends lower as oil prices surge ahead of earnings, economic data

Nasdaq ends lower as oil prices surge ahead of earnings, economic data

By Sinéad Carew and Ragini Mathur Oct 12 (Reuters) - The Nasdaq composite closed lower on Monday as oil prices jumped nearly $2 a barrel after attacks on a Saudi airport, and investors waited for banks to kick off the third-quarter earnings season and for economic data this week.
ReutersReuters
Wall Street's big but narrow rally: 4 in 10 S&P stocks are down this year

Wall Street's big but narrow rally: 4 in 10 S&P stocks are down this year

By Noel Randewich Oct 12 (Reuters) - The rally that has driven the S&P 500 up 14% this year to record highs is masking the fact that more than 4 in 10 stocks in the index are lower in 2026, as the gains are concentrated in a few chipmakers and other AI-related heavyweights.
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JPMorgan Chase to Release Q3 Earnings, Market Anticipates Economic Pulse Check

JPMorgan Chase to Release Q3 Earnings, Market Anticipates Economic Pulse Check

JPMorgan Chase to Release Q3 Earnings, Market Anticipates Economic Pulse Check
ReutersReuters
Oil rally pressures S&P, Nasdaq; Microsoft, Salesforce buoy Dow

Oil rally pressures S&P, Nasdaq; Microsoft, Salesforce buoy Dow

By Ragini Mathur and Purvi Agarwal Oct 12 (Reuters) - US stock indexes were mixed on Monday, with tech heavyweights facing heat as oil prices touched their highest in about two weeks ahead of big bank earnings and inflation data due later in the week that could potentially steer the Fed's policy
ReutersReuters
S&P 500, Dow futures muted after big bank earnings, chip slide weighs

S&P 500, Dow futures muted after big bank earnings, chip slide weighs

By Tharuniyaa Lakshmi and Purvi Agarwal Oct 13 (Reuters) - Futures linked to the S&P 500 and the Dow were subdued on Tuesday as investors parsed quarterly results from big US banks that kick off the earnings season, while weakness in chip stocks weighed on Nasdaq futures. 
ReutersReuters
Goldman Sachs quarterly profit rises on equities strength

Goldman Sachs quarterly profit rises on equities strength

By Saeed Azhar and Pritam Biswas Oct 13 (Reuters) - Goldman Sachs on Tuesday posted a higher third-quarter profit as dealmaking remained steady and volatile markets tied to the Middle East conflict boosted the Wall Street giant's equities revenue.
ReutersReuters
Wall Street mixed as oil prices surge, investors await earnings, economic data

Wall Street mixed as oil prices surge, investors await earnings, economic data

By Sinéad Carew and Ragini Mathur Oct 12 (Reuters) - US stock indexes were a mixed bag on Monday as oil prices touched their highest in almost two weeks and technology stocks fell as investors waited for third-quarter earnings season and a raft of key economic releases due later this week.
ReutersReuters
Exclusive-Bank of America loses bankers, tells staff of big ambition, continued hiring

Exclusive-Bank of America loses bankers, tells staff of big ambition, continued hiring

By Svea Herbst-Bayliss, Saeed Azhar and Milana Vinn NEW YORK, Oct 13 (Reuters) - Bank of America's top leaders had a problem in the first week of August.
ReutersReuters
Wells Fargo profit rises on robust loan growth, interest income

Wells Fargo profit rises on robust loan growth, interest income

Oct 13 (Reuters) - Wells Fargo posted an increase in third-quarter profit on Tuesday, helped by growth in its loan book and higher interest income.
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Earnings season will fight the real world for attention

Earnings season will fight the real world for attention

Financial companies lead off the third-quarter earnings season.
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2 Inflation reports, retail sales and big bank profits all arrive in the coming week

2 Inflation reports, retail sales and big bank profits all arrive in the coming week

The upcoming week promises to deliver notable updates on inflation, a topic sure to dominate the U.S. midterm elections now less than a month away