I'll gather today's top business and market headlines for you.
Today's Top Business / Market Headlines — Monday, October 12, 2026:
1. U.S. Futures & Earnings In Focus
•Stock Futures Edge Higher to Start Week Ahead of Bank Reports
•All three major stock indexes ended last week higher as a relentless bull market driven by AI spending enters its fourth year.
•Wall Street rebounds Friday: The Dow Jones Industrial Average gained 423.31 points, or 0.83%, to 51,654.95. The S&P 500 rose 0.59% to 7,811.54, while the Nasdaq Composite advanced 0.64% to 27,366.17.
•Technology stocks led the gains, with Palo Alto Networks and Palantir Technologies each climbing 5%, while CrowdStrike rose 4%. Microsoft added 2% and Amazon gained 3%.
•Earnings preview: S&P 500 earnings are expected to have jumped by more than 30% in the third quarter, according to LSEG IBES, though the bulk of that comes from the tech sector.
•Big banks kick off Q3 earnings Tuesday - JPMorgan Chase, Goldman Sachs, Citi, Wells Fargo, Bank of America and Morgan Stanley entering season. Major bank reporting season set to commence next Tuesday
•Market split today: The NYSE calendar keeps equities open October 12; the bond-market holiday limits normal rates confirmation. Trade was thin with Japan markets shut and the US on a partial holiday ahead of the earnings season
2. Asia-Pacific Cautious Start
•Asian share markets got off to a cautious start on Monday as earnings season loomed as a challenge to sky-high tech valuations, while oil was choppy
•South Korean stocks fell 1.1%, while MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed.
•On Wall Street, S&P 500 futures edged up 0.2%, while Nasdaq futures firmed 0.5%. In Europe, EUROSTOXX 50 futures firmed 0.4%
•ASX set to rise: Australian shares are set for a positive start to the week, with S&P/ASX 200 futures up 37 points, or 0.4%
3. Oil, Energy & Geopolitics
•Brent futures slipped 1.1% to $103.50 a barrel, away from recent top of $109.97, while US crude futures lost 1.2% to $90.73 a barrel.
•Oil choppy after strikes on shipping and airports in the Gulf
•Trump Pushes Russia-Ukraine Energy Ceasefire as Export Deal Draws Criticism
•Considerable confusion about President Donald Trump’s announcement of an energy ceasefire between Ukraine and Russia, which neither side had confirmed.
•Trump’s proposal for Russia to increase its exports of diesel was also under fire from Republican and Democratic senators as potentially illegal.
•Markets extended their gains after President Donald Trump said Russia had agreed to supply diesel to the US and global markets, easing some concerns about energy supplies.
4. Bonds & Yields Pressure
•Elevated Treasury yields remained a concern for investors, with the US 10-year yield around 5.23%, near its highest level in more than two decades.
•The flood of corporate debt has added to pressure in sovereign markets, driving Treasury yields to 24-year highs last week
•Why Economists Think Higher Bond Yields Are Here to Stay
•The bull market is turning 4 years old - but yields could crash the party
5. Other Top Business Headlines Today
•India Steel Policy: India has released a draft steel policy targeting 604 million tonnes of capacity by 2047, up from 220 million tonnes currently.
•Starlink India Entry: Elon Musk has renewed his criticism of Mukesh Ambani over Starlink’s entry into India, arguing that competition would benefit consumers
•Three companies, including Starlink, Jio Satcom and Eutelsat OneWeb, have secured licences and can begin operations after meeting security requirements.
•Trump calls for new Ukraine president, blames Zelenskyy for war: US President Donald Trump has called for Ukraine to elect a new president, accusing Volodymyr Zelenskyy of failing to secure a peace deal