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MW: Banking reports, data, debates in focus
 
By MarketWatch
Wall Street pointed gently higher on Friday after J.P. Morgan Chase topped third-quarter profit and revenue forecasts. Wells Fargo also reported. Wholesale prices were 1.1% higher in September. The vice-presidential candidates duked it out Thursday night over issues including Medicare, Libya and taxes. AMD shares are off in the premarket after the chip maker warned over its outlook.

Indications: Stock futures move higher as J.P. Morgan reports

U.S. stock index futures posted modest gains after J.P. Morgan Chase & Co. topped third-quarter revenue forecasts and declared that the housing sector had “turned a corner.”

Indications

Biden, Ryan blast each other in fiery debate

Producer prices rise 1.1% in September

Europe Markets: Drug makers weigh on Europe stocks after downgrade

European stock markets headed for a weekly loss on Friday, as gains for banks were offset by losses for heavyweight drug makers and oil firms.

Europe Markets

U.K. stocks drop as resources firms decline

EU wins Nobel Peace Prize for uniting continent

Asia Markets: Asia stocks muted before China data; Tokyo slips

Most Asian markets ended with marginal gains or narrow losses as cautious investors held off from making big bets ahead of a slew of Chinese data due to be released starting this weekend.

Asia Markets

Energy: Oil prices steady as IEA report is assessed

Crude-oil prices were moving between small gains and losses in Europe on Friday, as investors balanced a fresh report estimating weaker oil demand for this year against a weaker dollar and continued tension in the Middle East.
Currencies: Dollar slightly weaker as earnings get under way

The dollar edged lower in quiet trade, seeing light pressure as earnings season gets under full steam, while the euro found some modest buying interest amid continued speculation over the timing of a possible bailout request by Spain.

Currencies Roundup

Metals: Gold futures wobble in European trading

Gold futures traded little changed, as traders digested an upbeat forecast on gold prices and as a softer dollar helped underpin the precious metal.

Source