Stock index futures rose today after regional banks reported better-than-expected Q3 earnings. China-US trade tensions eased, with Trump suggesting a meeting with Xi Jinping. Gold and silver hit all-time highs amid US government shutdown. Earnings season begins, with S&P 500 companies beating forecasts, but profits expected to rise by 7.2% y/y.

Overseas markets are down, with Euro Stoxx 50 and China’s Shanghai Composite falling. Interest rates fluctuate as T-notes drop from a 6.25-month high. ECB may cut rates further. US stock movers include Oracle, ARM Holdings, and Chipmakers sliding, while American Express and Truist Financial are up. Cryptocurrency-exposed stocks decline as Bitcoin hits a 2.75-month low.

European bond yields rise, Eurozone core CPI hits 2.4% y/y. ECB may lower rates further. US companies report mixed earnings, with State Street Corp down after missing expectations. Oracle announces drug price negotiation. Micron Technology plans to stop supplying server chips to Chinese data centers. Booz Allen Hamilton Holding downgraded, Jeffries Financial Group upgraded.

Read more at Nasdaq: Stocks Stabilize as Bank Stocks Recover and US-China Trade Tensions Ease