Salem Radio Network News Tuesday, October 20, 2026

Business

Wall St steady at open as oil jumps ahead of key earnings

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Oct 12 (Reuters) – Wall Street’s main indexes opened muted on Monday as investors watched oil prices and global events ahead of crucial bank earnings and inflation data due later in the week that are widely expected to influence the central bank’s rate path.

The Dow Jones Industrial Average rose 92 points, or 0.18%, at the open to 51,746.95. The S&P 500 rose 4.18 points, or 0.05%, at the open to 7,815.72, while the Nasdaq Composite fell 12.89 points, or 0.05%, to 27,353.28 at the opening bell.

(Reporting by Ragini Mathur in Bengaluru; Editing by Pooja Desai;)

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