Economy
US inflation data and major bank earnings to drive Wall Street

US inflation data and major bank earnings to drive Wall Street

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THE BRIEF
1

Wall Street will focus on the September Consumer Price Index release on Wednesday as investors assess the Federal Reserve's upcoming policy decisions and potential interest rate trajectory.

2

Major US financial institutions including JPMorgan Chase, Goldman Sachs, Citigroup, Wells Fargo, Morgan Stanley and Bank of America are scheduled to report their quarterly earnings during the week.

3

US stocks closed higher on Friday, with the S&P 500 rising 0.6% to 7,811.54 and the Dow Jones Industrial Average gaining 0.8% to 51,654.95.