US STOCKS-Futures muted ahead of next batch of bank earnings

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* Futures up: Dow 0.13%, S&P 0.04%, Nasdaq 0.08%

By Medha Singh
Oct 14 (Reuters) - Futures tracking the S&P 500 were flat on
Wednesday on doubts about more fiscal stimulus following an
impasse in Washington and ahead of the next batch of quarterly
bank earnings after JPMorgan kicked off the season on an upbeat
note.
Fading hopes of a deal on federal aid and a halt in trials
of a COVID-19 vaccine and a treatment sent Wall Street's main
indexes tumbling on Tuesday, although losses on the Nasdaq were
limited as shares of technology mega-caps outperformed.
Senate Majority Leader Mitch McConnell said the
Republican-led U.S. Senate would vote next week on a targeted,
$500 billion coronavirus economic aid bill of the type Democrats
already have rejected as they hold out for trillions in relief.
Investors have been expecting more aid after the Nov. 3
presidential election in the event Congress fails to agree on a
deal in the next three weeks.
A widening lead for Democratic candidate Joe Biden in
national opinion polls has also been positive for markets as
they expect a bigger infrastructure spending and less global
trade uncertainty, strategists and fund managers said.

Goldman Sachs Group Inc GS.N , Wells Fargo & Co WFC.N and
Bank of America Corp BAC.N rose between 0.2% and 0.9% in
premarket trading ahead of their third-quarter reports, which
would follow a better-than-expected numbers from JPMorgan Chase
& Co JPM.N and Citigroup Inc C.N on Tuesday.
Apple Inc AAPL.O headed lower after sliding 3% during an
event in the previous session where the company launched its
next-generation iPhone 12. At 6:21 a.m. ET, Dow e-minis 1YMcv1 were up 38 points, or
0.13%, S&P 500 e-minis EScv1 were up 1.25 points, or 0.04%,
and Nasdaq 100 e-minis NQcv1 were up 9.25 points, or 0.08%.
UnitedHealth Group Inc UNH.N rose 1.1% as the U.S. insurer
reported better-than-expected profit and revenue. Concho Resources Inc CXO.N surged 10.4% after a report
that oil producer ConocoPhillips COP.N was in talks to acquire
the shale producer.