Veytics Intelligence
2026-10-12 · Yahoo

Tech slumps as oil prices rise, focus turns to earnings season kickoff: AlphaCheck

Good morning. Stocks were mixed on Monday as oil prices gained, stoking fears that energy prices will stay higher for longer as geopolitical conflicts drag on. Brent crude oil futures (BZ=F) traded at $106 per barrel while WTI (CL=F) hovered below $93 per barrel. Long-dated bonds remained elevated with the 10-year Treasury (^TNX) yield hovering near 5.24%. The moves come ahead of earnings season, which kicks off on Tuesday with JPMorgan (JPM), Wells Fargo (WFC), and Citi (C) all reporting. Read more: How soaring Treasury yields could hit your finances Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data.Sector action on Monday, Oct. 12 Sectors on Thursday, Oct. 8.

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