Wall Street: Banken und Inflation werden zum Börsentest

Wall Street gears up for a week of testing banks and inflation, with multiple stress tests planned. Futures markets remain nearly unchanged, while the US bond market remains closed for Columbus Day. Oil prices, measured by Brent, have risen following renewed tension between Saudi Arabia and the Houthi rebels, bringing the price close to $105 US dollars.

The conflict's potential escalation was further highlighted by an attack on Riyadh's airport, resulting in at least twelve deaths. Key financial data for the week includes September consumer and producer prices, as well as earnings from major banks: JPMorgan Chase, Goldman Sachs, Citigroup, Wells Fargo, and Morgan Stanley. Meanwhile, the technology sector shows signs of accelerating advancements in artificial intelligence.

Nvidia is reportedly in talks to acquire Reflection AI for a possible sum of more than $25 billion, while Amazon may purchase AI software developer Decart for around $7 billion. Warning signs are emerging on the financing front, with a notable decline in September issuance of AI-related debt. This could signal a more selective market amid the flood of new financing.