The Week Ahead: Big Bank Earnings, September CPI and Chip Results Kick Off Q3 Season
Photo: CoinCentral
TLDR Big banks open third-quarter earnings season on Tuesday, with JPMorgan Chase, Goldman Sachs, Wells Fargo and Citigroup reporting. Bank stocks have struggled, and the five major banks have lost about $270 billion in market value. The September CPI report is due Wednesday and could shape the Fed’s October rate decision. Taiwan Semiconductor reports Thursday, and ASML reports Wednesday. Telecom stocks fell Friday after SpaceX agreed to buy a spectrum portfolio. Third-quarter earnings season starts this week. Big banks report first, and investors will also get key inflation data. Markets head into the week on a strong note.
Source: CoinCentral
