By Nicholas Jasinski

This week's headlines for investors include September inflation data and the start of the earnings season. The stock market will be open on Monday, while the bond markets in the United States will be closed.


The third-quarter earnings season officially begins on Friday, with data from several large banks. Before the market opens, Citigroup, JPMorgan Chase, and Wells Fargo will all report, as will BlackRock and UnitedHealth Group.

PepsiCo will report earnings on Tuesday, followed by Delta Air Lines, Domino's Pizza, Fastenal, and Walgreens Boots Alliance on Thursday.

On Thursday, all eyes will be on the Bureau of Labor Statistics' September consumer price index. Economists forecast 0.3% gains in both the headline CPI and the core CPI, which excludes food and energy components. The year-over-year inflation rate would be 3.6% and 4.1%, respectively, both lower than in August.

On Wednesday, the BLS will also release the producer price index. The headline PPI is predicted to rise 1.6% year on year, while the core PPI is expected to rise 2.3%. Following the release of the minutes from the Federal Reserve's mid-September policy meeting on Wednesday, observers will thoroughly scrutinize them.

This week's economic statistics will also contain a couple of emotion indices. The National Federation of Independent Business will issue its Small Business Optimism Index for September on Tuesday, followed by the University of Michigan's Consumer Sentiment Index for October on Friday.

Monday, October 9th


The bond market is closed for Columbus Day. The Nasdaq and the New York Stock Exchange each have set trading hours.

Tuesday, October 10th

PepsiCo publishes fiscal 2023 third-quarter results.

Investor meetings are held by Adobe and HP Inc.

The National Federation of Independent Business has released its September Small Business Optimism Index. The forecast is for a 91.4 level, which is about equal to the August figure.

Wednesday, October 11th

The Federal Open Market Committee publishes the minutes of its monetary-policy meeting in mid-September.


The Bureau of Labor Statistics publishes the September producer price index. The consensus forecast is for the PPI to rise 1.6% year on year, remaining unchanged from August. The core PPI, which excludes volatile food and energy prices, is forecast to grow 2.3%, a tenth of a percentage point higher than originally anticipated.

Thursday, October 12th

Conference calls are used by Delta Air Lines, Domino's Pizza, Fastenal, and Walgreens Boots Alliance to share quarterly results.

Hormel Foods has an investor day in 2023.

The Bureau of Labor Statistics releases the consumer price index for September. Economists predict that the CPI will rise 3.6% year on year, while the core CPI will rise 4.1%, compared to gains of 3.7% and 4.3%, respectively, in August. The annual change in the core CPI is at its lowest level since September 2021, and 2.3 percentage points less than its postpandemic peak from September 2022.

The University of Michigan has released its October Consumer Sentiment Survey. The general estimate is for a 67 reading, roughly one point less than in September. Consumers' year-ahead inflation forecasts were 3.2% in September, 

The lowest level since March 2021, indicating that inflation expectations are solidly anchored.

Disclaimer: We don,t provide any Investment advice.