Stock Market Today: S&P 500, Nasdaq Futures Tumble Ahead Of Big Bank Earnings—Goldman Sachs, JPMorgan, Citigroup In Focus - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)
J&JJ&J(US:JNJ) Benzinga·2025-10-14 09:44

Market Overview - U.S. stock futures declined on Tuesday following a reversal rally on Monday, with major benchmark indices showing lower futures [1] - The 10-year Treasury bond yielded 4.01%, while the two-year bond was at 3.47%, indicating market expectations for a Federal Reserve interest rate cut in the upcoming October meeting [3] - Major indices experienced the following changes: Dow Jones -0.41%, S&P 500 -0.72%, Nasdaq 100 -0.95%, and Russell 2000 -0.72% [3] Stocks in Focus - Goldman Sachs Group Inc. (NYSE:GS) fell 0.61% ahead of earnings estimates of $11.00 per share on revenue of $14.10 billion, maintaining a stronger price trend over various time frames [5] - JPMorgan Chase & Co. (NYSE:JPM) rose 0.50% with earnings estimates of $4.84 per share on revenue of $45.39 billion, also showing a strong price trend [5] - Johnson & Johnson (NYSE:JNJ) was down 0.23% with earnings estimates of $2.75 per share on revenue of $23.74 billion, maintaining a stronger price trend but with a poor value ranking [5] - Citigroup Inc. (NYSE:C) increased by 0.44% with earnings estimates of $1.90 per share on revenue of $21.09 billion, showing a stronger price trend over the medium and long terms [14] - Polaris Inc. (NYSE:PII) shares surged 10.98% after entering an agreement to sell a majority stake in Indian Motorcycle, maintaining a stronger price trend [14] Sector Performance - Information technology, consumer discretionary, and communication services stocks recorded the biggest gains on Monday, leading to a positive close for most sectors on the S&P 500 [6] - Conversely, consumer staples and health care stocks closed lower, bucking the overall market trend [7] Economic Insights - Strong AI capital spending is expected to anchor economic growth, but a prolonged government shutdown poses risks to hiring and consumer spending [10] - The Federal Reserve is anticipated to cut rates, with market pricing moving decisively toward easing [11]