Morning Preview: October 14, 2026

Early Look

Wednesday, October 14, 2026

U.S. futures are looking slightly higher while Nasdaq futures dip behind weak technology shares for a third day as Wall Street awaits key inflation data at 8:30 am et. All eyes on inflation data as the September Consumer Price Index (CPI) headline M/M is expected to rise +0.6% (prior +0.4%) and on a Y/Y basis to rise +3.6% (prior +3.4%). The core CPI, or Ex: Food & Energy M/M for September est. +0.2% (prior +0.3%) and Y/Y for September est. +2.5% (prior +2.4%). Oil prices edged higher on Wednesday after an attack on the headquarters of Saudi Arabia’s state-owned oil company, while Iranian officials told Reuters they were deploying new tactics to ‌target ships. In Asian markets, The Nikkei Index slipped -33 points to 67,744, the Shanghai Index fell -33 points to 3,767, the Hang Seng Index fell -31 points to 24,314, and the Kospi dropped -5 points to 936. In Europe, the German DAX is up 124 points to 25,384, while the FTSE 100is up 30 points to 10,680. Stocks were poised for a recovery as a chip sell-off eased in South Korea as the KOSPI index was down only slightly after a 12% decline over the past five days. ASML shares helping semis early as it boosted guidance for the year. Elsewhere, the parade of financial company earnings continues with results from Bank of America, Morgan Stanley, and BlackRock.

• The Dow Jones Industrial Average fell -179.56 points, or 0.35%, to 51,670.99
• The Nasdaq Composite dropped -41.52 points, or 0.15%, to 27,204.38
• The Russell 2000 Index declined -11.09 points, or 0.40% to 2,783.39

• 8:30 AM ET                  Consumer Price Index (CPI) headline M/M for Sept…est. +0.6% (prior +0.4%)
• 8:30 AM ET                  Consumer Price Index (CPI) headline Y/Y for Sept…est. +3.6% (prior +3.4%)
• 8:30 AM ET CPI core: Ex: Food & Energy M/M for September…est. +0.2% (prior +0.3%)
• 8:30 AM ET CPI core: Ex: Food & Energy Y/Y for September…est. +2.5% (prior +2.4%)
• 10:30 AM ET                Weekly DOE Inventory Data
• 11:00 AM ET                Cleveland Fed CPI for September

• Earnings After the Close: EDUC EQBK HOMB

• Paris Auto show, 10/12-10/18
• SEMICON West, 10/13-10/14, in San Francisco, CA

• China’s state-owned trading firms purchased 8-10 cargoes of U.S. soybeans this week, marking the first such deals since the September summit between U.S. President Donald Trump and Chinese President Xi Jinping, Reuters reported, citing sources. The Panamax cargoes, each carrying about 65,000 metric tons, are scheduled for shipment from December onward.

• Brinker International (EAT), the owner of casual-dining chain Chili, was upgraded to Buy from Hold at Jefferies and rose tgt to $255 saying Chili’s comeback is complete – sales per restaurant rose to over $5 million from $3 million in 3 to 4 years. Expects growth from menu updates, busier restaurants, new locations, remodels and share buybacks.
• GameStop (GME) CEO Ryan Cohen bought another $22.8M worth of the video game retailer’s shares, increasing his total ownership to 9.1%. According to a regulatory filing on Tuesday, Cohen purchased 844,130 shares at prices ranging from $26.75 to $27 per share.

• BHP Inc. (BHP) supervisors’ union at its Escondida copper mine in Chile and company representatives have reached a preliminary agreement to avoid a strike, two sources familiar with the negotiations told Reuters on Wednesday.
• Enovix Corp (ENVX) announces a 100,000-unit battery purchase order from a multinational provider of dual-use drone systems. Deliveries are scheduled for H1 2027, with the co expecting follow-on orders for the program in H2 2027.
• Huntington Ingalls (HII) said that its Newport News Shipbuilding (NNS) division was awarded a $56 million contract by the U.S. Navy for shipbuilding engineering and design.
• Weyerhaeuser (WY) upgraded to Buy from Neutral at Bank America saying while the company’s near-term conditions are challenging, asset-based equity stories in packaging are often most attractive when sentiment is weak.

• The Treasury Department fined Bank of America (BAC) about $1.21 billion for long-term failures to stop money laundering and for breaking U.S. sanctions rules.

• Quoin Pharmaceuticals (QNRX) announces that its lead product candidate QRX003 has been granted Orphan Drug Designation in Europe by the European Medicines Agency, or EMA, for the treatment of Peeling Skin Syndrome
• Verastem Oncology (VSTM) announced positive initial efficacy and updated safety and tolerability data in first multi-tumor clinical data update from the ongoing TARGET-D 101 Phase 1/2 clinical trial evaluating VS-7375, an investigational and potential best-in-class oral KRAS G12D (ON/OFF) inhibitor, in patients with advanced KRAS G12D-mutated solid tumors.

• AT&T Inc. (T) has reached an agreement to sell AT&T Mexico to Grupo Televisa and Fintech Holdings for $2 billion in cash at closing, subject to certain adjustments, plus additional contractual and contingent benefits.
• Lattice Semiconductor Corporation (LSCC) files for mixed shelf offering as size not disclosed.
• Skydance (SKYD) shares of the company, which recently changed its name from Paramount, fell 18% premarket before being halted. The decline is largely a technical adjustment, as stock warrants issued as part of its deal to buy Warner Bros. Discovery start trading separately.