S&P 500 eyes CPI after 2-point dip ahead of the open
Published on 10/14/2026 at 13:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSInflation and bank earnings in focus
- The S&P 500 finished at 7,805 points on October 13, down 2 points or 0.02 percent.
- September CPI is expected at 3.6 percent year over year and 0.6 percent month over month.
- Johnson & Johnson fell 5.7 percent after its MedTech sales missed estimates.
- Bank of America reports before the open on October 14, while the Beige Book is due at 2:00 p.m. ET.
The S&P 500 closed at 7,805 points on October 13, down 2 points or 0.02 percent. The index heads into October 14 as economists expect September CPI to rise 3.6 percent year over year at 8:30 a.m. ET, according to Reuters.
Johnson & Johnson fell 5.7 percent after its MedTech revenue missed estimates, while energy shares helped offset weakness in health care and banks, Swingfolio reports. S&P 500 futures were up 0.21 percent, or 16.25 points, at 5:41 a.m. ET on October 14, according to Reuters.
Why is the S&P 500 focused on CPI?
Investors are weighing inflation against the Federal Reserve outlook. Forecasts call for headline CPI of 3.6 percent year over year and 0.6 percent month over month, versus 3.4 percent and 0.4 percent previously, Investing.com reports.
Winners and losers in the S&P 500
October 13 winners and losers reported by Investopedia included:
- Valero Energy up 4.5 percent: energy shares led the market.
- Expand Energy up 4.5 percent: energy shares led the market.
- Johnson & Johnson down 5.7 percent: MedTech revenue missed estimates.
- Citigroup down 5.5 percent: the bank fell after its results.
What comes next for the S&P 500
- October 14, 2026, 8:30 a.m. ET: September CPI, with headline inflation forecast at 3.6 percent year over year and core inflation at 2.5 percent, Investing.com reports.
- October 14, 2026, before the open: Bank of America, Morgan Stanley and BlackRock are scheduled to release results, Reuters reports.
- October 14, 2026, 2:00 p.m. ET: The Federal Reserve is scheduled to publish its Beige Book, Investing.com reports.
