This October 13, 2026 briefing first looks back at the previous session on Wall Street: on Monday, October 12, 2026, the S&P 500 fell 0.1% to close at 7807.24 points, while the Dow Jones rose 0.4% to 51850.55 points and the Nasdaq Composite dropped 0.4% to 27245.90 points (Associated Press, October 12, 2026). The US bond market, meanwhile, remained closed in observance of Columbus Day, with only equity markets operating normally that day.
A mixed close on Wall Street on October 12, 2026
Monday’s session illustrated an uneven movement among the major US indices. The S&P 500 lost 4.30 points, or 0.1%, to settle at 7807.24 points. By contrast, the Dow Jones Industrial Average gained 195.60 points, or 0.4%, to 51850.55 points, lifted by different stocks than those weighing on the Nasdaq. The Nasdaq Composite, more exposed to technology shares, fell 120.27 points, or 0.4%, to 27245.90 points. According to the Associated Press, these gaps reflect sector rotations rather than a single, directional market move.
A notable feature of the day: the US bond market remained closed in observance of Columbus Day, while the NYSE and Nasdaq operated normally. This calendar asymmetry, specific to partial US public holidays, is worth keeping in mind for anyone tracking rates alongside equities on such a day.
| Indicator | Change | Closing level |
|---|---|---|
| S&P 500 | -0.1% | 7807.24 points |
| Dow Jones Industrial Average | +0.4% | 51850.55 points |
| Nasdaq Composite | -0.4% | 27245.90 points |
| Brent (barrel) | +1.8% | 106.65 dollars |
Oil rises amid persistent tension around the Strait of Hormuz
Brent crude rose 1.8% to 106.65 dollars on October 12, 2026, a move that should be viewed against the diplomatic backdrop around the Strait of Hormuz. On Sunday, October 11, 2026, Iran’s national security official said the US response did not sufficiently address the seven conditions set by Tehran for reopening the strait and returning to negotiations (Al-Monitor, October 12, 2026). Neither side has so far announced a formal resumption of talks, and the precise text of Iran’s seven conditions was not disclosed in detail by the sources consulted; this point therefore remains outside the verifiable scope of this briefing. The exact identity of the official cited is likewise not specified by the source consulted.
This still-open diplomatic matter partly explains the caution observed in the oil market, though it is not possible to establish a mechanical causal link between a political statement and a given price movement in a single session.
Four major banks open the third-quarter earnings season
Tuesday, October 13, 2026 marks the start of the US bank earnings season. JPMorgan Chase is due to report its third-quarter 2026 results around 7:00 am (Eastern Time), followed by a conference call at 8:30 am (Eastern Time), according to its own release (JPMorgan Chase, official release). Goldman Sachs is set to report its results the same day around 7:30 am (Eastern Time), with a conference call scheduled for 9:30 am (Eastern Time), per its own calendar (Goldman Sachs, official release).
The sources consulted for this briefing do not specify the reporting times of the other two major banks mentioned in the third-quarter earnings sequence; absent a verified official release at this time, this briefing mentions only the two timings directly confirmed by their issuers.
Macroeconomic agenda for October 13, 2026
The sources consulted for this briefing do not confirm, as of publication, the content of the macroeconomic agenda for Tuesday, October 13, 2026: the page aggregating these schedules showed, upon direct verification, no confirmed announcement for this date. This briefing therefore does not list indicators absent verifiable confirmation. For a recap of the previous session and the same bank earnings agenda seen the day before, see the October 12, 2026 briefing.
Frequently asked questions about the October 12 session and the October 13, 2026 agenda
Why was the US bond market closed on October 12, 2026 while stocks traded normally?
October 12, 2026 corresponded to the observance of Columbus Day in the United States, a public holiday that traditionally closes the bond market without closing equity exchanges. This calendar asymmetry, not a market incident, explains why the NYSE and Nasdaq operated normally that day while bond trading was suspended.
Why did the three major US indices not move in the same direction on October 12, 2026?
The Dow Jones rose 0.4% while the S&P 500 and the Nasdaq Composite fell 0.1% and 0.4% respectively. This gap reflects a different sector composition between the indices: the Dow Jones groups industrial stocks weighted differently than those dominating the Nasdaq, which is more oriented toward technology.
Was the rise in oil on October 12, 2026 directly caused by the situation around Hormuz?
Brent rose 1.8% to 106.65 dollars the same day Iran described the US response on Hormuz as insufficient, but the sources consulted do not allow for a strict, single causal link to be established between this diplomatic statement and the price movement observed in a single session.
What are the official reporting times for JPMorgan Chase and Goldman Sachs on October 13, 2026?
JPMorgan Chase is due to report results around 7:00 am (Eastern Time) with a conference call at 8:30 am (Eastern Time), while Goldman Sachs plans to report around 7:30 am (Eastern Time) followed by a call at 9:30 am (Eastern Time), according to the official releases of these two banks.