According to @KobeissiLetter, the S&P 500 extended losses to down 1.5% today as investors reacted to bank earnings and ongoing trade tensions, indicating a broad risk-off tone across equities, source @KobeissiLetter. According to @KobeissiLetter, this earnings- and trade-driven drawdown is a live macro catalyst that cross-asset traders, including crypto participants, commonly monitor for potential volatility spillover during U.S. hours, source @KobeissiLetter.

According to @business, JPMorgan beat analysts’ estimates for third-quarter trading and investment-banking fees, signaling a stronger-than-expected performance in its markets and dealmaking units. Source: Bloomberg (@business), Oct 14, 2025, https://www.bloomberg.com/news/articles/2025-10-14/jpmorgan-traders-bankers-crush-estimates-for-third-quarter-haul For traders, the headline can act as a near-term risk sentiment catalyst across U.S. financials and broader risk assets; crypto desks may watch BTC and ETH for cross-market reaction during the U.S. session. Source: Bloomberg (@business), Oct 14, 2025, https://www.bloomberg.com/news/articles/2025-10-14/jpmorgan-traders-bankers-crush-estimates-for-third-quarter-haul No additional figures were provided in the post; refer to the Bloomberg article for detailed revenue and fee metrics to calibrate positioning. Source: Bloomberg (@business), Oct 14, 2025, https://www.bloomberg.com/news/articles/2025-10-14/jpmorgan-traders-bankers-crush-estimates-for-third-quarter-haul