The day ahead: Friday


Investors have bid up General Electric shares to almost triple their March lows but the largest U.S. conglomerate will have to deliver solid quarterly results for the stock to rise much further.

*  Bank of America may update investors on its search for a new CEO – or at least an “emergency” or “interim” replacement for Ken Lewis when it reports results. Mattel and Halliburton also report quarterly results.

*  The Federal Reserve’s September Industrial Production report will probably show a moderation in output to 0.2 percent.

*  Friday is the deadline for an indictment in the case of a Goldman Sachs programmer accused of stealing trade secrets.

The day ahead: Thursday


Extending its dominance of Wall Street, Goldman Sachs is expected to report that its profit more than doubled in the third quarter.

*  The market is looking at IBM for signs of improvement in corporate technology spending and comments on the company’s M&A strategy.