Wall Street closes mixed as energy surges, chip stocks slide and megacaps hold the line
Executive summary: U.S. markets finished with a split tape, as the S&P 500 and Dow Jones advanced while the Nasdaq and Russell 2000 fell. The biggest story was a sharp rotation out of AI and chip shares, led by a steep drop in SOXX and Nvidia, while energy stocks rallied alongside a jump in WTI crude. Big tech was mixed but resilient, with Apple, Microsoft and Amazon higher, helping cushion the broader market. [Continue Reading]
360LiveNews Markets Intelligence | 12 Oct 2026 21:15 LONDON
Sponsored
Europe closes mixed as FTSE 100 outperforms on oil surge, while Euro Stoxx 50 and CAC 40 lag
Executive summary: European markets ended the session mixed, with the FTSE 100 rising +1.4% as energy-linked strength helped offset broader caution. The Euro Stoxx 50 fell -1.2% and the CAC 40 slipped -0.5%, while the DAX was little changed. Brent crude jumped +6.7%, gold and silver also firmed, and the dollar strengthened against the euro, shaping a session defined by commodity inflation, FX pressure and a split between London and continental Europe. [Continue Reading]
360LiveNews Markets Intelligence | 12 Oct 2026 16:45 LONDON
Wall Street Opens Mixed as Energy Surges, Chips Sink on Oil Shock and Rate Anxiety
Executive summary: U.S. markets opened with a split tape, as energy, banks and precious metals advanced while AI and chip stocks sold off sharply. The move came alongside a jump in WTI crude to $93.73, a rise in gold and silver, and a weaker tone in small caps and tech, suggesting investors are rotating toward inflation hedges and away from rate-sensitive growth names. [Continue Reading]
360LiveNews Markets Intelligence | 12 Oct 2026 14:45 LONDON
