--- title: "US Stocks Mixed as Oil Rallies on Riyadh Airport Attacks" publication: "MediaBias News" url: "https://mediabias.news/business/us-stocks-mixed-as-oil-rallies-on-riyadh-airport-attacks" api: "https://mediabias.news/api/v1/stories/us-stocks-mixed-as-oil-rallies-on-riyadh-airport-attacks" markdown: "https://mediabias.news/business/us-stocks-mixed-as-oil-rallies-on-riyadh-airport-attacks.md" audio: "https://mediabias.news/api/audio/us-stocks-mixed-as-oil-rallies-on-riyadh-airport-attacks" category: "Business & Economy" area: "Middle East" published: "2026-10-12T22:25:27.236Z" source_reported: "2026-10-12T21:50:56.000Z" updated: "2026-10-13T00:00:29.637Z" trust_score: 60 critic_score: 70 hype_score: 40 assessment_type: "coverage-and-source-reporting-analysis" fact_check_status: "not-performed" coverage_measured: "2026-10-13T03:30:20.427995+00:00" --- # US Stocks Mixed as Oil Rallies on Riyadh Airport Attacks *Nasdaq and S&P 500 decline while Dow gains; investors await bank earnings and economic data.* **Scores for the source reporting** (0-100, assessing the original journalism this article was written from, not this write-up): - Trust 60 of 100, higher is better. Two full reports and three digests corroborate the market movements and reasons for them. - Craft 70 of 100, higher is better. Reports clearly separate market movements from analyst commentary and future expectations. - Hype 40 of 100, lower is better. Headlines accurately reflect the mixed market performance and the influence of oil prices. Scored by MediaBias News; method at https://mediabias.news/methodology. **The short version** - The Nasdaq Composite fell 120.27 points (0.44%) to 27,245.90, and the S&P 500 declined 4.30 points (0.06%) to 7,807.24. - The Dow Jones Industrial Average rose 195.60 points (0.38%) to 51,850.55. - Oil futures rallied after deadly strikes on Riyadh’s international airport over the weekend, contributing to inflation concerns. - Major US banks, including Goldman Sachs, Citigroup, and JPMorgan Chase, are scheduled to report earnings early Tuesday. US stock markets ended Monday's session with mixed results. The Nasdaq Composite lost 120.27 points, or 0.44%, closing at 27,245.90, and the S&P 500 saw a minor decrease of 4.30 points, or 0.06%, to finish at 7,807.24. In contrast, the Dow Jones Industrial Average advanced by 195.60 points, or 0.38%, reaching 51,850.55. Oil futures experienced a rally following deadly strikes on Riyadh’s international airport over the weekend. These attacks overshadowed potential increases in supply, such as fresh Russian diesel exports mentioned by US President Donald Trump. Investors are also anticipating the commencement of the third-quarter corporate earnings season, with major US banks like Goldman Sachs, Citigroup, and JPMorgan Chase set to release their results early on Tuesday. Analysts, according to LSEG IBES data, had been expecting S&P 500 earnings to increase by 30.6% for the third quarter. ## Disagreement on specific index values While the Nasdaq Composite and S&P 500 figures are consistent across reports, the Dow Jones Industrial Average closing value shows minor variations. Free Malaysia Today and The Straits Times report the Dow closing at 51,850.55, while Times of India states it closed at 51,853.17. ## What the coverage left out None of the right-rated reports or digests mention the Nasdaq Composite's trading volume, which was reported as 12.67 billion shares changing hands on US exchanges, compared with the 20-day moving average of 17.62 billion, according to Free Malaysia Today. ## Who covered it Shares of the 8 covering outlets with a published leaning rating: - Left: 0% (0) - Centre: 25% (2) - Right: 75% (6) 1 of 9 covering outlets carried no usable leaning rating and were excluded from those percentages. Coverage measured 2026-10-13T03:30:20.427995+00:00. **Coverage watch:** developing. Checked 17 times; 1 check found a material change. Most recently checked 2026-10-13T03:45:24.137Z. ## How the sides framed it ### Left No separate framing summary. ### Centre No separate framing summary. ### Right - Right-rated reports led with the performance of the Nasdaq Composite, noting its fall ahead of earnings and economic data, while oil prices rallied. Free Malaysia Today and Times of India, which provided full reports, detailed the market movements, including specific figures for the Dow, S&P 500, and Nasdaq. Both highlighted the impact of the Riyadh airport attacks on oil futures and the upcoming bank earnings. They also quoted market strategists like Tim Ghriskey and Robert Pavlik, who discussed investor caution due to upcoming economic reports, earnings, and rising oil prices. The full reports from these outlets also included details on sector performance, with energy outperforming and technology stocks lagging, as well as specific company news such as Microsoft's market capitalisation milestone and Salesforce's stock upgrade. Cleveland Federal Reserve President Beth Hammack's comments on monetary policy were also noted. The digests from Business Times, The Straits Times, and [your]NEWS also focused on the Nasdaq's decline, the oil price surge, and the anticipation of earnings and economic data. **Provisional coverage gap:** left. The watch is not closed, so this is not yet a settled blindspot finding. ## Factuality profile of the covering outlets These are published factuality ratings of the outlets, not a verdict on whether this story or its claims are true. - low: 1 - mixed: 3 - high: 3 - unknown: 1 - veryHigh: 1 ## Verification scope This page compares coverage and scores the source reporting. It is not a ClaimReview verdict on whether the underlying event or claim is true. ## Original reporting this was written from - [Business News](https://businessnews.com.au/article/Nasdaq-falls-ahead-of-earnings-economic-data) — Nasdaq falls ahead of earnings, economic data - [Reuters](https://reuters.com/business/us-stock-futures-muted-oil-stays-above-100-ahead-earnings-2026-10-12) — Nasdaq falls ahead of earnings, economic data while oil rallies - [Newsmax](https://newsmax.com/finance/streettalk/stocks-oil-bank/2026/10/12/id/1272525) — Nasdaq Ends Lower as Oil Prices Surge - [Business Times](https://businesstimes.com.sg/companies-markets/capital-markets-currencies/nasdaq-falls-ahead-earnings-economic-data-while-oil-rallies) — Nasdaq falls ahead of earnings, economic data while oil rallies - [Free Malaysia Today News](https://freemalaysiatoday.com/category/business/2026/10/13/nasdaq-falls-ahead-of-earnings-economic-data-while-oil-rallies) — Nasdaq falls as oil prices rally ahead of earnings, economic data - [WTVB](https://wtvbam.com/2026/10/12/trading-day-fog-of-war) — Trading Day: Fog of war - [The Straits Times](https://straitstimes.com/business/companies-markets/nasdaq-falls-ahead-of-earnings-economic-data-while-oil-rallies) — Nasdaq falls ahead of earnings, economic data while oil rallies - [[your]NEWS](https://yournews.com/2026/10/12/7223729/nasdaq-falls-as-oil-prices-surge-following-saudi-airport-attacks) — Nasdaq Falls as Oil Prices Surge Following Saudi Airport Attacks, Investors Await Bank Earnings - [Times of India](https://economictimes.indiatimes.com/markets/us-stocks/news/us-stocks-nasdaq-ends-lower-as-oil-prices-surge-ahead-of-earnings-economic-data/articleshow/134902064.cms) — US stocks: Nasdaq ends lower as oil prices surge ahead of earnings, economic data ## Questions **How did the major US stock indices perform on Monday?** The Dow Jones Industrial Average rose 195.60 points (0.38%) to 51,850.55. The Nasdaq Composite fell 120.27 points (0.44%) to 27,245.90, and the S&P 500 lost 4.30 points (0.06%) to 7,807.24. **What caused the rally in oil prices?** Oil futures rallied after deadly strikes occurred at Riyadh’s international airport over the weekend. This event overshadowed prospects of increased oil supplies and heightened inflation concerns among investors. **What key financial events are investors anticipating?** Investors are focused on the upcoming third-quarter corporate earnings season, with major US banks scheduled to report early on Tuesday. Additionally, September readings for US consumer and producer inflation, as well as retail sales data, are due this week. --- MediaBias News — https://mediabias.news. Reproduced from https://mediabias.news/business/us-stocks-mixed-as-oil-rallies-on-riyadh-airport-attacks. Please cite as: MediaBias News, "US Stocks Mixed as Oil Rallies on Riyadh Airport Attacks", https://mediabias.news/business/us-stocks-mixed-as-oil-rallies-on-riyadh-airport-attacks