US stocks end mixed as oil prices climb
Major indexes moved in different directions while energy shares gained on higher crude prices tied to strikes in Ukraine. Investors were waiting on bank earnings and inflation figures.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
This story is no longer being updated. It reflects reporting up to .
What happened
U.S. stocks ended mixed on October 12 as oil prices rose after Russia struck Ukrainian energy targets. Energy shares gained while tech stocks underperformed, and the Dow edged higher. The S&P 500 rose 0.11% to 7,819.24, the Dow gained 0.25% to 51,783.23, and the Nasdaq Composite slipped 0.11% to 27,333.28.
Why it matters
Investors remained focused on upcoming earnings from six major banks and September inflation data. Higher oil prices lifted energy stocks while tech shares lagged.
Timeline
- Oct 12, 7:34 AM ET: Stock futures were mixed ahead of big bank earnings and inflation data.
- Oct 12, 9:45 AM ET: Oil prices climbed 2% at the open after Russia struck Ukrainian energy targets.
- Oct 12, 6:34 PM ET: U.S. stocks closed mixed, with energy shares rising on higher oil prices.
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