# US Stocks Finish Mixed as Oil Gains and Markets Await Bank Earnings

- URL: https://stocks.freetheai.org/news/us-stocks-finish-mixed-as-oil-gains-and-markets-await-bank-earnings-422db0
- Published: 2026-10-13T00:01:41Z
- Category: markets; sentiment: mixed; impact: medium
- Symbols: [SP:SPX](https://stocks.freetheai.org/symbols/SP-SPX), [NASDAQ:IXIC](https://stocks.freetheai.org/symbols/NASDAQ-IXIC)
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US stock indices ended Monday with mixed results as investors weighed geopolitical energy developments against upcoming corporate reports. The Dow Jones Industrial Average added 195.60 points, or 0.38%, to close at 51,850.55. The S&P 500 edged down 4.30 points, or 0.06%, to 7,807.24, while the Nasdaq Composite fell 120.26 points, or 0.44%, to 27,245.90. Large-cap technology stocks diverged, as Meta Platforms (META) rose over 3% while Nvidia (NVDA), Amazon (AMZN), and Tesla (TSLA) each dropped more than 1%.

Oil prices surged amid persistent geopolitical friction. West Texas Intermediate crude rose 2.06% to $93.74 per barrel, and Brent crude gained 1.84% to $106.65 per barrel following reports of ceasefire violations between Russia and Ukraine and escalating Middle East tensions. Despite energy market volatility, third-quarter earnings growth for S&P 500 companies is projected at 29.6%, largely boosted by ongoing artificial intelligence infrastructure spending.

Investors are preparing for a busy week dominated by major bank earnings and key economic metrics. Results from financial giants such as JPMorgan Chase (JPM), Bank of America (BAC), and Goldman Sachs (GS) will lead the quarterly reports. In addition, September inflation data is expected on Wednesday and Thursday, though market participants generally expect the central bank to keep benchmark interest rates steady.

## Key points

- The Dow Jones Industrial Average rose 0.38%, while the S&P 500 and Nasdaq Composite fell 0.06% and 0.44% respectively.
- WTI crude oil futures increased 2.06% to $93.74 per barrel as geopolitical tensions in Europe and the Middle East weighed on markets.
- S&P 500 third-quarter earnings growth is projected at 29.6%, supported by strong artificial intelligence capital expenditure.
- Major financial firms including JPMorgan Chase (JPM) and Bank of America (BAC) begin reporting third-quarter results this week.
- Key inflation metrics, including the September CPI and PPI, are set for release on Wednesday and Thursday.

## Questions and answers

### Why did oil prices rise on Monday?

Crude oil prices increased as November WTI rose 2.06% to $93.74 per barrel following reports that an energy ceasefire between Russia and Ukraine was violated, alongside rising Middle East geopolitical tensions.

### What corporate earnings are scheduled for release this week?

Major US financial institutions kick off third-quarter earnings season, including Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan Chase (JPM), Morgan Stanley (MS), and Wells Fargo (WFC).

### When will the September inflation reports be released?

September consumer price index data is scheduled for release on Wednesday, followed by producer price index figures on Thursday.