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US stocks: Nasdaq ends lower as oil prices surge ahead of earnings, economic data

Economic Times 12 October 2026 at 10:09 pm 1 min read 37 views Read Original
US stocks: Nasdaq ends lower as oil prices surge ahead of earnings, economic data

The Nasdaq composite index faced a downturn as oil prices surged following attacks on a Saudi airport. With major banks set to release their earnings reports, investor focus sharpens this week. The S&P 500 and Dow Jones saw mixed performances, while the energy sector thrived. Heightened inflation concerns due to rising oil costs have begun to sway investor confidence, mirroring a cautious market atmosphere tied to earnings and economic uncertainties.

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