US stocks: Wall Street steady at open as oil jumps ahead of key earnings
The three major indices opened mixed for the day
Wall Street's main indices began trading on Monday (Oct 12) with a modest start as market participants focused on oil prices and global developments. Anticipating significant bank earnings and inflation data to be released in the coming week, investors were keen on how these factors might impact the Federal Reserve's decision on interest rates.
The Dow Jones Industrial Average opened at 51,746.95, up 92 points or 0.18 percent. The S&P 500 started at 7,815.72, gaining 4.18 points or 0.05 percent. Conversely, the Nasdaq Composite experienced a slight decline, closing at 27,353.28, down 12.89 points or 0.05 percent at the opening.
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