{
  "id": 14058221,
  "title": "Nasdaq falls as oil prices rally ahead of earnings, economic data",
  "url": "https://urgent.news/2026/10/12/nasdaq-falls-as-oil-prices-rally-ahead-of-earnings-economic-data-14058221",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-12T21:35:09.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/10/13/nasdaq-falls-ahead-of-earnings-economic-data-while-oil-rallies"
  },
  "original_language": "en",
  "account": "The Nasdaq Composite index fell 0.44% to 27,245.90 on Monday, as oil prices surged nearly $2 per barrel following attacks on a Saudi Arabian airport. Investors were awaiting earnings reports from major banks and economic data this week. The S&P 500 ended the session slightly lower, while the Dow Jones Industrial Average gained. Oil futures rose after the attacks overshadowed the possibility of increased supplies due to Russia's increased diesel exports. In the upcoming days, US investors will focus on corporate earnings, particularly from major US banks including Goldman Sachs, Citigroup, and JPMorgan Chase. Analysts expected S&P 500 earnings to increase 30.6% in Q3, according to LSEG IBES data. Other economic reports due this week include US consumer and producer inflation readings, as well as retail sales data. The recent advance in energy prices has raised inflation concerns, causing investors to be cautious due to the Treasury market's surge to 24-year highs.",
  "summary": "Investors are awaiting the start of the Q3 earnings season, along with September US consumer and producer inflation readings and retail sales data.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Straits Times Business",
        "title": "Nasdaq falls ahead of earnings, economic data while oil rallies",
        "url": "https://urgent.news/2026/10/12/nasdaq-falls-ahead-of-earnings-economic-data-while-oil-rallies",
        "published": "2026-10-12T21:20:13.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Nasdaq falls as oil prices rally ahead of earnings, economic data",
        "url": "https://urgent.news/2026/10/12/nasdaq-falls-as-oil-prices-rally-ahead-of-earnings-economic-data",
        "published": "2026-10-12T21:35:09.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Nasdaq falls ahead of earnings, economic data while oil rallies",
        "url": "https://urgent.news/2026/10/12/nasdaq-falls-ahead-of-earnings-economic-data-while-oil-rallies-14056114",
        "published": "2026-10-12T21:50:56.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}