Read more

📈 US futures recover ahead of earnings 💲

10:53 AM 13 October 2020

US futures recoup majority of overnight losses

US futures recovered a bulk of losses caused by a pessimistic vaccine news from Johnson & Johnson overnight. Investors are shifting their focus to Q3 earnings season. Two major US banks will report earnings today - Citigroup and JPMorgan - as well as world's largest asset manager - BlackRock. Results will be a major driver for Wall Street in the weeks to come as they will show the pace of post-pandemic recovery in the US corporate world. Key releases today:

  • Citigroup (C.US) - 1:00 pm BST

  • JPMorgan (JPM.US) - 12:00 pm BST

  • BlackRock (BLK.US) - 1:30 pm BST

US500 moved above the 61.8% retracement of the overnight decline. Earnings from big banks in focus. Source: xStation5

Share:
Back

Market News

18.07.2025
18:32

Daily summary: Equities and USD Retreat on Trump’s Alleged Hardline EU Tariff Stance (18.07.2025)

Wall Street turned red following a report by the Financial Times that Donald Trump wants to firmly maintain tariffs on the European Union above the...

 18:07

Three markets to watch next week (18.07.2025)

The first half of July delivered considerable volatility across financial markets, driven by a series of pivotal events. However, investors are showing...

 17:45

EURUSD dips on reports that Trump demands steeper EU tariffs 🇪🇺 📉

Donald Trump is pushing for a minimum 15–20% tariff on all EU goods, raising his demands in ongoing trade talks, the Financial Times reports. Despite...
More news

Join over 1 600 000 XTB Group Clients from around the world

Start trading Download the app Download the app
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits