15:30 ET [BRIEFING.COM] The major indices continue to trade in negative territory. The financial sector (-2.0%) is the main laggard, while the energy sector (+0.4%) stands alone in positive territory.
As a reminder, IBM (IBM 119.33, +1.30 ), Intel (INTC 25.39, -0.36) and Yahoo! (YHOO 26.83, -1.03) are set to report their earnings after the close.
Tomorrow brings a number of economic releases. The Consumer Price Index report, the most widely cited inflation indicator, will be released at 8:30 ET. Briefing.com expects September's Core CPI reading to rise 0.2%. The Housing Starts and building permits and Fed's Beige Book reports will also be released.
Dow components that are reporting their earnings before the open include Altria (MO 70.88, -0.51), Coca-Cola (KO 57.97, +0.33), JP Morgan Chase (JPM 44.78, -1.49) and United Tech Corp (UTX 79.45, -0.42).
Per usual, the weekly energy report will be released at 10:30 ET.
Dow -77.06 at 13907.17, Nasdaq -13.12 at 2766.94, S&P -10.42 at 1538.26
Market Updates provided by Comtex.