Wall Street bank earnings, ASML and TSMC: what investors need to know this week

This week, investors are likely to be left in the dark about a number of key US macroeconomic indicators - their publication has been postponed due to the government shutdown that has lasted for 13 days. Data - from import prices and retail sales to wages and jobless claims - are very likely to be excluded from the publication calendar, Yahoo Finance writes.
The main macroeconomic release this week for Wall Street was supposed to be the Consumer Price Index (CPI) for September in the U.S. The Bureau of Labor Statistics had planned to publish it on October 15, but postponed it to October 24. To work on it, the agency recalled some employees from vacation. If the report on inflation will be prepared on time, the Fed will receive it before its meeting on interest rates, which is scheduled for October 28-29, notes Bloomberg.
A busy week of reporting is expected in the corporate sector as the third quarter results release season picks up steam. Most of the companies in the S&P 500 index, publishing reports this week, belong to the financial sector, reports Barron's. In addition, earnings information is expected from two non-U.S. technology companies that play a key role in the artificial intelligence ecosystem and a leading luxury manufacturer.
On Monday, October 13, China's General Administration of Customs reported that the growth rate of the country's export shipments in September 2025 was the fastest since March at 8.3% year-on-year. The consensus forecast of Trading Economics assumed the growth of Chinese exports by 6%. In particular, overseas shipments of chemical fertilizers increased by 59.6%, microchips by 23.3%, ships by 21.4% and automobiles by 10.8%. Despite the above-forecast result, China's stock markets fell from 10-year highs following U.S. President Donald Trump's threats to impose additional 100 percent duties on Chinese imports starting Nov. 1. Jefferies analysts Edison Lee and Nick Cheng believe this sell-off will create attractive entry levels for Chinese equities.
On Tuesday, October 14, the National Federation of Independent Business releases the U.S. Small Business Optimism Index for September. The consensus forecast is 100.5 points, the same as in August.
Financial results will be released by the first group of banks this reporting season: BlackRock, Citigroup, JPMorgan Chase and Wells Fargo, a potential catalyst for the market amid a "government data vacuum," Michael Aron, chief investment strategist at State Street Investment Management, told MarketWatch. The fintech figures will provide insight into the state of the economy and consumer trends, the publication noted. Rational Equity Armor Fund manager Joe Tigay said the banks' results "will be scrutinized a little more closely in the absence of employment data."
Domino's Pizza, Goldman Sachs, Johnson & Johnson, and LVMH will also report quarterly results.
On Wednesday, October 15, the U.S. Federal Reserve will release its Beige Book - the seventh of eight this year. It compiles information on current economic conditions from the Fed's 12 regional banks.
Last quarter's earnings will be reported by ASML, Bank of America, Morgan Stanley and United Airlines Holdings.
On Thursday, October 16, the U.S. Census Bureau was scheduled to release retail sales data for September and the nation's Bureau of Labor Statistics was scheduled to release the September Producer Price Index (PPI). Due to the shutdown, these and other macroeconomic publications, including weekly unemployment data, may be postponed, The Wall Street Journal notes.
Charles Schwab, EssilorLuxottica and TSMC will disclose quarterly earnings data.
On Friday, October 17, the U.S. Census Bureau is scheduled to release housing construction statistics for September.
American Express and SLB will publish quarterly reports.
This article was AI-translated and verified by a human editor