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October 21, 2025 17 mins

S&P Futures are edging modestly lower this morning as investors sift through a flood of corporate earnings results. President Trump’s newly announced bailout plan for Argentina includes an additional $20 billion in financing — though U.S. banks involved are reportedly seeking significant collateral given Argentina’s ongoing instability. Treasury Secretary Bessent met with top private equity leaders to discuss funding for a $150 billion infrastructure initiative. On the corporate front, Starboard has taken a nearly 5% stake in Fluor (FLR), sending shares higher.

Earnings momentum continues with GE, GM, MMM, KO, DHR, and DGX all trading to the upside following their releases this morning. After the bell, results are due from NFLX, TXN, COF, and CB — setting the stage for another busy night of earnings.

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