The three major indices of US stocks ended the opening session of the week yesterday, Monday, October 11, amid a closure of the Treasury market due to the celebration of the Columbus holiday, and thus the absence of part of the liquidity, amid anticipation in the markets for the start of the season of companies and financial institutions’ announcements of their business results for the third quarter of this year ending in September during the week .

During this week’s sessions, the markets are awaiting the announcement of the major US banks for their results for the third quarter, such as JP Morgan tomorrow, Wednesday, and Citigroup, Morgan Stanley and Bank of America Thursday, while Goldman Sachs will announce its results Friday by the end of the week.

In addition to business results, the markets are also awaiting some important economic data affecting market movements, especially inflation data, which will be released tomorrow, Wednesday, and US retail sales at the end of the week’s trading.

On the other hand, Goldman Sachs reduced its forecast for US economic growth to 5.6% this year, compared to 5.7% in previous estimates.

The Dow Jones Industrial Average closed the session yesterday, down by about (250) points, at the close at 34.496 levels, a loss of about 0.72%, and it is now trading in the futures for today’s session, Tuesday, at levels of 34.1, down by about 162 points.

While the S&P 500 index recorded declines at the close at 4.361 levels, down by about (30 points) or 0.69, and it is now trading in futures at 4.328 levels, down by about 22 points.

While the Nasdaq Index recorded losses by (93 points) to close the session at 14.486 points, recording declines of about 0.64%, and it is now trading at 14.625 levels.