• The Dow Jones found a fresh all-time peak at the start of the week.
• Investors have leaned firmer into risk appetite ahead of a hefty earnings week.
• The Dow Jones has gained over 12% from August’s swing low.

The Dow Jones Industrial Average (DJIA) climbed to another record high on Columbus Day Monday, testing above the 43,000 handle and poised to enter a sixth consecutive week in the green. Wall Street is geared up for a hectic earnings reporting week, and this week’s US data docket is a smattering of mid-tier Federal Reserve (Fed) policymaker appearances with key US Retail Sales figures slated for Thursday.

JPMorgan Chase (JPM) and Wells Fargo (WFC) kicked off earnings season late last week on the high side, and markets are hoping for more of the same from the rest of the banking sector. Bank of America (BAC) and Goldman Sachs (GS) will be reporting Q3 earnings on Tuesday, joined by pharma giant Johnson & Johnson (JNJ). Morgan Stanley (MS) will round out finance sector earnings on Wednesday alongside United Airlines (UAL), with Walgreens Boots Alliance (WBA), Netflix (NFLX), and Proctor & Gamble (PG) due later in the week.