The Excitement of Earnings Reports on Wall Street Is Beginning

American stock index futures showed very little change on Monday night. Wall Street is preparing for a week filled with company earnings. Dow Jones Industrial Average, S&P 500, and Nasdaq 100 futures recorded an increase of less than 0.1%.

Investors are focused on significant earnings reports to be released this week. Netflix and General Motors will announce their results on Tuesday. Investors will pay attention to Netflix's advertising business and live streaming programs. Recently, the stock has shown a volatile trend. For General Motors, there are concerns about how tariffs and the expiration of federal electric vehicle tax credits will impact sales.

In daily trading, major indices showed an upward trend. Apple set a new record, supporting tech stocks. At the same time, signs emerged that the U.S.-China trade war might be cooling off. President Donald Trump expressed that he expects a "fair deal" during his meeting with Chinese President Xi Jinping in South Korea later this month.

Meanwhile, the government shutdown continues, making it the third longest federal work stoppage in U.S. history. Currently, there is no plan to end the shutdown. On October 24, Friday, many federal workers are expected to miss their paychecks. This is occurring against a backdrop of increasing economic pressure.

Conversely, investor expectations suggest that the Federal Reserve will reduce interest rates by another quarter-point at its meeting at the end of October. The Consumer Price Index (CPI) report to be released on Friday will be critical in shaping this decision and will play a vital role for the markets.