Dow, Nasdaq Futures Up Triple Digits as Earnings Impress

Stock futures are on the move higher today, as investors unpack the recent whipsaw price action. Futures on the Dow Jones Industrial Average (DJI) are indicating a triple-digit gain, while Nasdaq-100 (NDX) and S&P 500 Index (SPX) futures are confidently higher, as a slew of upbeat earnings dull tariff tensions with China. Bond yields are cooling as well, with the 10-year Treasury note drifting to 4%

• This fast-moving bank stock should be on your radar.
• What is the long and short-term prognosis for gold?
• Plus, agriculture stocks in the spotlight; and two earnings reports to know about.

5 Things You Need to Know Today

1. The Cboe Options Exchange saw over 2.6 million call contracts and roughly 1.3 million put contracts exchanged on Tuesday. The single-session equity put/call ratio fell to 0.49, while the 21-day moving average remained at 0.58.
2. Archer-Daniels-Midland Co (NYSE:ADM) stock is 3.2% higher before the bell, with President Donald Trump's threatened cooking oil embargo on China boosting U.S.-based agriculture stocks. ADM is 22.4% higher in 2025, but has stalled out below $65 since August.
3. ASML Holding NV (NASDAQ:ASML) stock is up 4.3% ahead of the open, after the Dutch semiconductor supplier projected higher-than-expected net sales for 2026 to go with an earnings beat for the third quarter, both of which are overshadowing a revenue miss. ASML is up 41.3% year to date, and is looking to make a run at its Oct. 6 12-month high of $1,058.19.
4. The shares of Morgan Stanley (NYSE:MS) are 3.9% higher in electronic trading, after the bank's third-quarter earnings and revenue both topped estimates, the latter by its widest margin in five years. MS is up over 23% in 2025, with support in place at its 50-day moving average.
5. Earnings season kicks off for real this week.

Asian Bourses Resilient Amid Tariff Barbs

Asian markets finished the session with healthy gains, brushing off renewed tariff tensions with the U.S., after President Donald Trump criticized the country’s refusal to buy soybeans. Consumer prices in China saw a larger-than-expected drop in September, falling 0.3% year-over-year. China’s Shanghai Composite added 1.2% and Hong Kong’s Hang Seng climbed 1.8%. Leading stocks was South Korea’s Kospi, which surged 2.7%, while Japan’s Nikkei added 1.8%.

Sentiment in Europe is mixed at midday, with gains triggered by a lift in luxury stocks. France’s CAC 40 is surging, last seen up 2.2%, as investors monitored Prime Minister Sebastien Lecornu’s pension reform decision and new government plans. Meanwhile, defense stocks added pressure, pushing Germany’s DAX down 0.03% and London’s FTSE 100 off 0.4%.