Business · Markets · 1 hr ago
Stock and bond futures rise as oil prices retreat
Stock futures in the United States and Europe rose, while government bond futures also edged higher as oil prices fell.
Brent crude dropped 1.7% to $102.97 a barrel after rising earlier to $105.63.
The price move followed weekend attacks by Yemen’s Houthi group on Riyadh’s main airport, which raised concerns about a wider conflict and energy supply disruptions.
There was little sign of a near-term resolution to the crisis around the Strait of Hormuz, so oil could continue to add to inflation pressures.
Asian markets were mixed, with South Korea’s Kospi falling 2.5% when trading resumed after a long weekend.
Investors are watching US consumer price data due this week and an appearance by Federal Reserve chair Kevin Warsh for clues about interest rates.
US and Japanese markets were closed for public holidays on Monday, so there was no cash trading in US Treasury bonds.
Stock and bond futures rose as oil prices fell.
Futures on the S&P 500 and Nasdaq 100 gained at least 0.3%, while European stock futures rose 0.6%.
Brent crude fell 1.7% to $102.97 a barrel after reaching $105.63 earlier.
Asian stock markets were mixed, with South Korea’s Kospi down 2.5% after trading resumed following a long weekend.
Investors were monitoring Middle East risks, energy prices and upcoming US inflation data.
- Who
- Investors and traders in global markets.
- What
- Stock and bond futures rose as oil prices retreated.
- When
- Monday, October 12, 2026.
- Where
- Global markets, including the United States, Europe and Asia.
- Why
- Oil prices fell, while investors weighed geopolitical risks and upcoming inflation data.
This story does not have two clearly opposing sides.
Our base case currently is that energy prices will remain elevated in the near term.
We do not see a near-term solution to the Hormuz crisis, and certainly not before the US midterm elections.
At the moment, higher interest rates are not seen as outweighing the outlook for growth and earnings.
We could see stocks and bond yields rise together.
Houthi attacks in Yemen targeted Riyadh’s main airport, raising concerns about a wider conflict and energy supply disruptions.
India’s central bank announced measures to support the rupee.
China and the European Union concluded talks with a 16-point understanding on trade, investment, export controls and intellectual property.
Stock and bond futures rose as Brent crude fell.
- S&P 500 and Nasdaq 100 futures
- Up at least 0.3%
- European stock futures
- Up 0.6%
- Brent crude
- Down 1.7% to $102.97 a barrel
- Brent’s earlier high
- $105.63 a barrel
- South Korea’s Kospi
- Down 2.5% after trading resumed following a long weekend
Sources
Related news
World Energy Congress opens in Riyadh alongside two ministerial meetings
Saudi Arabia says it will keep supplying global energy in all conditions
Riyadh Economic Forum to discuss five studies on Saudi priorities
Investment fund assets reach 1 trillion riyals for the first time
Saudi industrial production fell 23.5% in August
King Salman aid center named among 70 Saudi brands
Riyadh Economic Forum opens with focus on Saudi development priorities
Saudi Energy Minister Calls Riyadh a Center of Energy Security
Saudi energy minister vows commitment after deadly airport attack
Saudi Arabia developing pipelines to bypass the Strait of Hormuz
UAE education company negotiates controlling stake in Saudi school operator
