US Markets Highlights — Oct 13, 2026 | Aivina
October 13, 2026
Major US equity benchmarks traded near record highs as third-quarter corporate earnings season commenced with mixed bank results. Semiconductor stocks suffered notable losses amid geopolitical technology competition and concerns over excessive AI infrastructure spending. Investors are exercising caution while awaiting key consumer price data to clarify the Federal Reserve's rate trajectory.
Highlights
- Stock indices plateau near record highs as big bank earnings roll in
- Semiconductor stocks slump following competitive Chinese tech advancements
- Treasury yields edge lower alongside a drop in crude oil prices
Macro Overview
Inflation
Headline CPI is expected at 3.6% annually, while core CPI projections hover around 2.5%, indicating lingering underlying price pressures.
Interest Rate Outlook
Markets expect the Federal Reserve to pause interest rate hikes at its October meeting, eyeing possible action in December instead.
Risk Sentiment
neutral
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