What to watch today: Wall Street looks to avoid a four-session losing streak

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What to watch today: Wall Street looks to avoid a four-session losing streak

BY THE NUMBERS were slightly higher Wednesday after Dow stock reported and key inflation data. Shares of rose modestly in the premarket as third-quarter results from the bank were supported by a $1.5 billion boost from better-than-expected loan losses. (CNBC) The , the and the all dropped Tuesday for the third straight session. indicated that investors were in a wait-and-see mode ahead of earnings season really kicking into high gear. (CNBC) Shares of dipped in the premarket after the carrier on Wednesday reported that third-quarter earnings and revenue topped expectations. It was Delta's first quarterly profit without taking federal aid into account since the start of the pandemic. However, it was . * (CNBC) Supply chain issues, labor shortages and higher energy prices are making this a . As of Tuesday, 22 companies that are early reporters beat estimates by 11%, according to Nick Raich, CEO of The Earnings Scout. While this is above the traditional beat of 3% to 5%, it's far below the average of prior quarters this year, including the roughly 18% beat for the second quarter. (CNBC) The rose to about 1.6% on Wednesday after the government reported that the consumer price index in September rose

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