Today's highlights for US stocks: Housing data and multiple corporate earnings reports released

⑴ The main focus of US stock trading on October 20 includes US housing data, GE Aerospace, General Motors, defense companies, and Netflix’s financial report. Ahead of next week’s Federal Reserve meeting, investors are watching for signs of housing market weakness, corporate guidance, AI spending, and Treasury yields.⑵ Companies announcing earnings before the market open include GE Aerospace, General Motors, RTX, Northrop Grumman, 3M, Halliburton, Hasbro, KeyCorp, Synchrony, and MSCI.⑶ At 20:15 Beijing time, ADP weekly employment change is released; at 20:30, US September housing starts and building permits are announced.⑷ Housing starts are expected to reach about 1.31 million units, previous value was around 1.275 million units; building permits are expected to be about 1.4 million units, previous value was approximately 1.403 million units.⑸ At 20:55 Beijing time, Redbook retail sales are released; at 22:00, US September pending home sales are announced, expected to fall by around 0.5% month-on-month, previous value was a rise of about 0.3%.⑹ At 23:00 Beijing time, Treasury repo and short-term Treasury issuance announcements are released; at 23:30, 6-week Treasury bill auction is held; Atlanta Fed GDPNow update time is to be determined.⑺ At 4:30 Beijing time the next day, API weekly crude oil inventory is released. After the close, Netflix, United Airlines, Intuitive Surgical, Capital One, and Chubb announce their financial results. Netflix is a key post-market catalyst, and investors focus on advertising revenue, user engagement, operating margin, and forward guidance.⑻ The Federal Reserve is in a blackout period before its October 27-28 policy meeting, with policymakers largely silent. Treasury yields and upcoming data will dominate interest rate expectations.⑼ Oil prices remain sensitive to Middle East developments and supply disruptions; high mortgage rates and affordability pressures are still the main risks to housing demand.⑽ Overall, data and earnings are concentrated on the day, market sentiment tends to be cautious, and upcoming focus is on housing data trends, Netflix guidance, and the direction of Treasury yields.