Earnings Week Heats Up With Auto and Energy Names

American Express kicks off today, reporting Q3 earnings this morning. SLB also posts today, with investors watching oil services demand closely.

Monday brings Verizon. Tuesday is the heaviest day of the week. Coca-Cola, UPS, S&P Global, Corning, Welltower, and PayPal all report. Cadence Design Systems reports after the bell Monday.

In Europe, Safran and Eni post today. Mercedes-Benz reports Thursday. Dutch car registrations, a dataset measured to lead Mercedes revenue by 26 days with a strong fit, are running 6% below the same quarter last year. Finnish registrations point in the opposite direction, up 36%.

Volvo Car also posts today. Indian registrations, which lead Volvo revenue by 56 days, are running 9% ahead year-on-year. Finnish registrations point the other way, down 9%.

Taiwan's total export orders hit a record $114.2bn in September, the largest September since 1984. That backdrop matters for tech names reporting this week. No IPOs are scheduled in the next seven days.

The Russell 2000 rank date falls on 30 October. Vaxcyte sits just 0.5% above both the Russell 2000 exit and Russell 1000 entry lines. Daily volatility of 4.4% means that could flip on any session before the cut-off.