December S&P 500 E-Mini futures are up +0.09%, and December Nasdaq 100 E-Mini futures are up +0.06% as investors await new corporate earnings reports. Tesla fell over -3% in pre-market trading after disappointing Q3 adjusted EPS, while IBM slumped over -6% due to weak Q3 revenue. Wall Street benchmarks closed lower yesterday, with Netflix and Texas Instruments posting significant declines. Intuitive Surgical, however, jumped more than +13% after upbeat Q3 results. Third-quarter earnings season continues with reports expected from Intel, T-Mobile, Ford Motor, and more. U.S. government shutdown enters 23rd day, impacting economic data release schedules. Fed Governor to speak today. U.S. rate futures predict a 96.7% probability of a 25 basis point rate cut at the upcoming monetary policy meeting. Euro Stoxx 50 Index up +0.18%, near record high. Asian stock markets close mixed with China’s Shanghai Composite Index up +0.22% and Japan’s Nikkei 225 down -1.35%. France’s Business Survey reports stronger than expected results.

Read more at Barchart: Stocks Steady Before the Open With Earnings in Focus