U.S. Stocks Diverge as Saudi Airport Attack Raises Oil Prices

U.S. stock indexes delivered divergent performances on Monday, October 12, 2026. The Dow Jones Industrial Average rose 195.36 points to 51,850.31, supported by the industrial sector. In contrast, technology stocks remained under pressure, leading the NASDAQ Composite to fall 120.27 points to 27,245.90 and the S&P 500 to decline by 4.34 points.

Global markets were largely positive, with strong gains in Canada and the United Kingdom, though Asian benchmarks including South Korea's KOSPI and Indonesia's IDX Composite experienced sharp declines. The U.S. dollar strengthened against the euro, yen, and pound.

Oil prices increased following an attack on an international airport in Saudi Arabia. This price hike occurred despite a truce announced by Donald Trump, who stated that Russia and Ukraine had agreed to avoid attacking each other's energy resources.