
October 12th, 2026
U.S. stocks ended Monday with mixed trading.
The market stayed near its all-time high.
The S&P 500 slipped 0.1% and stayed around the record it set last week.
The Dow Jones Industrial Average rose 175 points, or 0.3%.
The Nasdaq composite fell 0.5%.
Energy stocks posted some of the biggest gains as oil prices jumped.
Chevron rose 1.6%.
Communications services stocks also gained.
Meta Platforms was up 4.1%, T-Mobile rose 3%, AT&T added 1.4% and Verizon Communications gained 2.5%.
Technology stocks were the biggest drag on the market.
Micron Technology fell 3.7%, Advanced Micro Devices fell 3% and Nvidia was down 1.3%.
Those tech companies could face more scrutiny from investors during this round of corporate earnings.
Wall Street wants to know if stock gains from the artificial intelligence frenzy can lead to future growth.
Magdalena Ocampo is a market strategist at Principal Asset Management.
She wrote in a report that AI continues to support growth.
She added that uncertainty about AI's long-term impact remains.
This makes future gains more reliant on earnings delivery rather than potential.
The price of Brent crude, the international standard, jumped 2% to $106.78 per barrel.
Prices have swung between $96 and nearly $110 over the last month.
The swings reflect uncertainty about the U.S. war with Iran.
They also reflect its impact on global energy supplies and inflation.
Higher oil prices have been pushing gasoline prices up.
This is a direct hit to many people's wallets.
The rise in diesel is more indirect.
It raises costs for shipped products and usually leads to higher prices for everything from food to clothing.
Wall Street will review several important economic updates this week.
On Wednesday, the government will release the consumer price index.
It measures price changes for a wide range of products and services.
Economists expect it to show inflation worsened to 3.6% in September from 3.4% in August.
A report on inflation called the producer price index will be released on Thursday.
It is also expected to show inflation remains stubbornly high.
A report on retail sales for September is also due Thursday.
Economists expect it to show households pulled back on spending.
Inflation remains well above the Federal Reserve's target rate of 2%.
That prompted the central bank to raise its benchmark interest rate at its last meeting to cool inflation.
Wall Street expects another rate hike before the year ends.
Inflation and expectations for high interest rates have been driving Treasury yields higher.
The 10-year Treasury yield influences mortgage rates.
It recently touched its highest level since 2002.
U.S. bond trading was closed Monday for the Columbus Day holiday.
October 12th, 2026

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