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US stocks projected to open higher; energy prices fall; major banks' earnings reports awaited

Benzinga Prediction Markets ·

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SPY SPDR S&P 500 ETF Trust
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  1. 1Traders' probability for S&P 500 (SPX) being higher or lower on October 12 stands at 78%, projecting an upward start.
  2. 2Brent crude prices fell 1.27% to record $103.39 per barrel.
  3. 3Major financial institutions including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will release third-quarter earnings this week.

So what's the key point?

There are many predictions that the US stock market will rise. People are waiting for the earnings reports from major banks this week.

Source Benzinga Prediction Markets · View original ↗

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