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Bank earnings loom large; LVMH sales underwhelm - what’s moving markets

Tue, 13 Oct 2026 06:23:18 -0400

Investing.com - Futures linked to the main U.S. stock indices are mixed, as investors parse through worries around a fragile artificial intelligence trade and a widening Middle East conflict. A slew of major Wall Street bank earnings, which will unofficially kick off the latest quarterly earnings season, looms large. Sales from luxury behemoth LVMH come up short of expectations, casting a pall over the wider high-end goods sector.

1. Futures mixed

U.S. stock futures hovered around both sides of the flatline on Tuesday. By 02:48 ET (06:48 GMT), the Dow futures contract had risen by 225 points, or 0.4%, S&P 500 futures had

Bank earnings loom large; LVMH sales underwhelm - what’s moving markets

Tue, 13 Oct 2026 06:23:18 -0400

1. Futures mixed

U.S. stock futures hovered around both sides of the flatline on Tuesday. By 02:48 ET (06:48 GMT), the Dow futures contract had risen by 225 points, or 0.4%, S&P 500 futures had

Bank earnings loom large; LVMH sales underwhelm - what’s moving markets

Tue, 13 Oct 2026 06:23:18 -0400

1. Futures mixed

U.S. stock futures hovered around both sides of the flatline on Tuesday. By 02:48 ET (06:48 GMT), the Dow futures contract had risen by 225 points, or 0.4%, S&P 500 futures had

LVMH edges past Q3 revenue estimates as fashion sales slip on China weakness

Mon, 12 Oct 2026 12:29:14 -0400

Investing.com -- After the close on Monday, LVMH reported third-quarter revenue of €18.5 billion, slightly ahead of the €18.46 billion consensus, as growth in the U.S., Europe and Japan offset a weaker Chinese market.

Organic revenue rose 1% in the quarter. For the first nine months, revenue came to €57.1 billion, down 2% as reported and up 2% on an organic basis.

The fashion and leather goods division, the group’s largest, saw organic revenue fall 5% in the quarter. LVMH said the unit continued to benefit from a buoyant U.S. market but was hit by slowing demand in China. Revenue in

LVMH edges past Q3 revenue estimates as fashion sales slip on China weakness

Mon, 12 Oct 2026 12:29:14 -0400

Organic revenue rose 1% in the quarter. For the first nine months, revenue came to €57.1 billion, down 2% as reported and up 2% on an organic basis.

2 European luxury stocks to own in 2026

Tue, 06 Jan 2026 01:00:00 -0400

Investing.com-- Europe’s luxury sector is set to remain one of the most attractive corners of the equity market in 2026, supported by resilient high-end demand, pricing power, and a gradual recovery in key consumer markets, UBS analysts said in a recent research note.

While near-term volatility may persist amid uneven global growth and currency swings, the Swiss bank said the sector’s long-term fundamentals remain intact, underpinned by brand strength, disciplined cost control, and a renewed focus on profitability.

UBS expects leading luxury groups to continue benefiting from affluent consumer spending, particularly as travel and tourism normalize further, and demand in

2 European luxury stocks to own in 2026

Tue, 06 Jan 2026 01:00:00 -0400

UBS expects leading luxury groups to continue benefiting from affluent consumer spending, particularly as travel and tourism normalize further, and demand in

Morgan Stanley upgrades LVMH stock, Kering becomes new top pick in luxury

Tue, 07 Oct 2025 07:08:23 -0400

Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.

In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.”