Earnings live updates: Domino's Pizza stock falls amid tough consumer backdrop

Key Points:

• The third quarter earnings season began with major Wall Street banks like JPMorgan Chase, Goldman Sachs, Wells Fargo, and Citigroup reporting strong results, with the S&P 500 earnings growth rate expected to reach 29.6%, marking a third consecutive quarter above 25%.
• Domino's reported better-than-expected revenue and earnings but missed Wall Street's same-store sales projections, citing ongoing consumer challenges, leading to a 3.5% drop in its stock at market open.
• Citi posted its best Q3 revenue in a decade, with earnings per share and revenue beating estimates, driven by strong fixed income and equity trading performance.
• Johnson & Johnson raised its full-year earnings guidance despite weaker medical device sales, supported by strong pharmaceutical sales, while UnitedHealth raised its 2026 profit forecast after beating third-quarter earnings estimates.
• Wells Fargo, Goldman Sachs, and JPMorgan Chase all reported mixed results: Wells Fargo beat estimates with steady loan performance; Goldman Sachs saw a 29% profit surge driven by trading and dealmaking; JPMorgan's profit rose but missed estimates, with CEO Jamie Dimon cautioning about shifting economic risks.