Stock Futures Muted as Earnings Reports Roll In

Stock futures are relatively unchanged Tuesday, implying a muted return to trading after the Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) secured new intraday highs and record closes in the previous session. Today, investors are parsing a deluge of corporate earnings reports, most notably from several major financial institutions, while also looking ahead to a host of Federal Reserve remarks due throughout the session.

Continue reading for more on today's market, including: 

• What to look out for this October expiration week, per Schaeffer's Senior V.P. of Research Todd Salamone.
• Bitcoin helped these 2 crypto stocks pop.
• Plus, 2 bank earnings to unpack, and breaking down ETSY's bear note.

5 Things You Need to Know Today

1. The Cboe Options Exchange (CBOE) saw more than 1.7 million call contracts and 871,389 put contracts exchanged on Monday. The single-session equity put/call ratio rose to 0.50 and the 21-day moving average stayed at 0.64.
2. Bank of America Corp (NYSE:BAC) stock is 2.3% higher premarket after the banking name beat third-quarter earnings per share came in at $2.42 on $6.9 billion in revenue, both of which beat Wall Street's estimates. Year to date, BAC is up 24.5%.
3. Goldman Sachs Group Inc (NYSE:GS) also beat third-quarter expectations, reporting $8.40 in earnings per share and revenue that was boosted by debt and increased equity underwriting activity. Up 3.1% before the bell, GS is looking to add to a 35.5% year-to-date lead.
4. Etsy Inc (NASDAQ:ETSY) stock is down 4.1% before the open, set to add to a 38.8% year-to-date deficit after a bear note from Goldman Sachs. The analyst in coverage downgraded shares of the e-commerce name to "sell" from "neutral" and lowered its price target from $70 to $45, citing ongoing growth challenges and increased competition. 
5. Take a look at what to expect this week.

China Trade Data Misses Mark; U.K. Wages Meet Expectations

China’s Shanghai Composite fell 2.5% on Tuesday, after trade data showed exports rising 2.4% year over year, while imports added 0.3% -- both missing expectations. Hong Kong’s Hang Seng also moved lower with a sharp 3.7% drop. Elsewhere, Japan’s Nikkei rose 0.8%, while the South Korean Kospi tacked on 0.4%, after the country’s revised trade data kept with its preliminary report with a trade surplus of $6.7 billion in September.

European markets are mostly lower today, as investors unpack a slew of earnings reports, as well as a statement from U.K.’s statistics agency saying average wages excluding bonuses rose 4.9% year over year from June to August, meeting estimates. London’s FTSE 100 is and France’s CAC 40 are down 0.5% and 0.8% at last glance, while the German DAX rises 0.3%.