The translation of the heading to English is: "Mixed Results in the Markets and Pleasant Surprises for Banks.

Before the last trading day of the week, the pre-market futures are mixed, while the main indices are in a positive phase. One of the few exceptions is the Russell 2000, which has fallen by -1% compared to the previous week. The Dow shows a slight increase of 20 points, the S&P 500 remains unchanged, and the Nasdaq is currently losing 35 points. Today’s economic reports present the Producer Price Index (PPI) for September, the counterpart to the Consumer Price Index (CPI). The overall monthly result remained unchanged at 0.0% as expected, which is 20 basis points below the previous month and 10 basis points below estimates. The core PPI, which excludes volatile food and energy prices, rose by +0.2%, also within the expected range. Excluding food, energy, and trade, the increase was +0.1% – the lowest since June. Year-on-year, the PPI for September shows +1.8%, representing a rise of 10 basis points from August, yet remains below the Fed's target of 2%. This marks a significant decrease compared to the severe supply chain issues in early 2022, when the PPI reached +11.7%. The core PPI on a yearly basis rose to +2.8%, well below the +9.7% in March 2022. Nevertheless, this value remains high. Although the target of +2.0% has not yet been firmly reached, no drastic economic turbulence is evident. Attention is also focused on the reports from two major Wall Street banks that announced their Q3 results, unofficially opening the earnings season. Both JPMorgan Chase and Wells Fargo exceeded expectations. JPMorgan Chase achieved earnings of $4.37 per share in the past quarter, surpassing the Zacks consensus estimate of $4.02. This corresponds to a positive surprise effect of +8.7%. Revenues also exceeded expectations at $42.65 billion. Net interest income also surprised positively, although the stock reaction remained muted. Nevertheless, the stock has risen by +25% over the year. Wells Fargo surprised with earnings of $1.52 per share, above the Zacks consensus estimates of $1.27, representing a surprise rate of +19.7%. Revenues were slightly below expectations at $20.37 billion, but the stock climbed +3% pre-market and managed to increase annual gains to +17%.