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Vol. I · No. 29 Texas Edition
Wednesday, Oct 28
Texas first. Then the world.
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Puerto Rico

S&P 500 futures muted as investors await big bank earnings; chip weakness weighs

By The San Juan Daily Star 7 views 0 comments
S&P 500 futures muted as investors await big bank earnings; chip weakness weighs
Image: The San Juan Daily Star

Futures tied to the S&P 500 were muted ⁠on ⁠Tuesday, with major US banks scheduled to ⁠report earnings while weakness in chip stocks weighed on Nasdaq futures. Hopes of a ​strong earnings season have lately propped up the broader US equity market amid growing geopolitical concerns, surging government bond yields and inflation ‌worries. Top lenders JPMorgan Chase, Wells Fargo, ‌Goldman Sachs and Citigroup are slated to report third-quarter results before the bell. Their shares ticked up...

The San Juan Daily Star Original story · www.sanjuandailystar.com
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