Schwab Market Update Audio
Schwab Market Update Audio

Oct 13, 2026 · 10 min

Bank earnings put Wall Street’s next move in focus

Banks at Starting Line to Launch Earnings Season

Major U.S. banks’ results could set the tone for markets before Wednesday’s CPI report introduces another key test.

3 key takeaways
  1. 1JPMorgan Chase, Goldman Sachs, and other major banks begin third-quarter earnings reporting before Tuesday’s opening bell.
  2. 2Investors are watching whether bank results can move Wall Street after a notably quiet trading session.
  3. 3Wednesday’s CPI inflation report looms as the next major catalyst for market direction.

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The preview of major banks reporting before the opening bell establishes the first market test of earnings season.

The brief

Third-quarter earnings season starts with major U.S. banks reporting before the market opens, giving investors an early read on corporate performance.

JPMorgan Chase, Goldman Sachs, and other large banks could provide the spark Wall Street lacked during a quiet prior session.

The central question is whether bank results will merely begin earnings season or materially shift the market’s direction.

Wednesday’s CPI inflation report follows close behind, making the banks’ results an opening signal before a larger macroeconomic test.

The episode frames Tuesday’s bank reports and Wednesday’s inflation data as back-to-back catalysts for investors assessing what comes next.

Listen to the full episode and explore every guest, topic, and moment on PodLume.

Bank earnings put Wall Street’s next move in focus · PodLume