The S&P 500 index is expected to hit new highs again, with market attention now turning to the start of earnings season. The third-quarter earnings season will officially begin on Friday, when several major banks will announce their performance. Investors have been generally optimistic recently, strong economic data offsetting escalating tensions in the Middle East and uncertainties surrounding the US election. On Tuesday, driven by technology stocks, the S&P 500 index approached historic new highs. Shortly after, the Federal Reserve will release the minutes of the September meeting. The Fed boldly cut interest rates by 50 basis points in September, initiating its rate cut campaign. However, this decision was not unanimously approved, marking the first time since 2005 that Federal Reserve Board members held differing views.