Five things you need to know before the market opens on Friday October 13:
1. -- Stock Market Today: Stocks slip as inflation fears, oil surge, hit sentiment
Renewed inflation concerns, surging oil prices and the start of the third quarter earnings season have stocks in the red in early Friday trading.
2. -- JP Morgan earnings on deck with lending, deal-making fees in focus
Solid consumer banking profits are likely to offset a slump in dealmaking fees and boost overall third quarter earnings for the country's biggest lender.
3. -- UnitedHealth higher after Q3 earnings beat, 2023 profit outlook boost
Dow component UnitedHealth topped third quarter earnings forecasts and lifted the lower-end of its prior forecast for full-year profits.
4. -- Wells Fargo earnings to highlight consumer lending, commercial real estate
Wells Fargo earnings are likely to focus on the costs tied to refilling the FDIC's insurance fund, as well as its exposure to commercial real estate and consumer lending.
5. -- Oil surges as Israel prepares for Gaza ground assault, Iran warns of 'reactions'
With Israel preparing for a ground assault on Gaza, and Iran warning of consequences and support for its Palestinian allies, global oil prices are back on march ahead of a volatile weekend in the Gulf region.
