Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Today is the busiest day of the week for big finance. JPMorgan Chase, Goldman Sachs, Wells Fargo, and Citigroup all report Q3 results this morning. Johnson & Johnson also drops numbers before the open. UnitedHealth holds its earnings call at 8am ET.
Progressive releases its September monthly figures after the close today. The insurer reports monthly, making it a closely watched real-time read on the US auto insurance market.
Tomorrow, Wednesday, brings Bank of America, Morgan Stanley, State Street, and Fastenal. The bank results will round out a near-complete picture of Wall Street's Q3 trading and lending environment.
Thursday sees Charles Schwab, PNC Financial, U.S. Bancorp, BNY Mellon, and Marsh & McLennan reporting. Transport bellwether J.B. Hunt also posts results after Thursday's close. Freight trends from J.B. Hunt will be read as a proxy for the broader US goods economy.
Friday rounds out the week with regional banks Truist Financial, Regions Financial, and M&T Bank, plus Travelers. Citizens Financial also reports Friday morning.
No IPOs are confirmed in the database for the next seven days.
On the index rebalance front, ORTEX Radar puts Moderna at an 81% chance of MSCI North America addition, with $3.3B of forced buying at stake if confirmed on 11 November. The 19 October ranking cut-off is the key date. Nine stocks remain at risk of MSCI World deletion, with Flutter Entertainment carrying $601M of potential selling pressure.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
