Dow Jones rises 0.3 percent in late trading as oil eases
Published on 10/09/2026 at 21:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- The Dow Jones stood at 51,375 points at 10:08 a.m. ET on October 9, 2026, up 0.3 percent.
- Easing oil prices supported stocks after President Donald Trump said the United States would not attack Iran before the midterm elections.
- AT&T and Verizon fell 7.5 percent and 5.5 percent, respectively, after SpaceX moved closer to launching a mobile network.
- JPMorgan and other major banks are scheduled to release earnings on October 13, 2026.
The Dow Jones stood at 51,375 points at 10:08 a.m. ET on October 9, 2026, up 0.3 percent, as easing oil prices supported U.S. stocks, Yahoo Finance reported. Brent crude was at USD 103.00 a barrel after declining more than 1 percent.
Telecom shares were the main pressure point. The Associated Press said AT&T fell 7.5 percent and Verizon dropped 5.5 percent after SpaceX announced a purchase of low-band spectrum that could support its Starlink Mobile service. Crown Castle gained 12 percent and American Tower rose 7.4 percent.
Oil eases while yields stay elevated
The 10-year Treasury yield was at 5.25 percent, up from 5.22 percent late Thursday, according to the Associated Press. Investopedia reported that the Dow was up 0.6 percent for the week, while telecom stocks weakened after the SpaceX announcement.
What comes next: October 13 bank earnings
The next major scheduled catalyst for the Dow Jones is October 13, 2026, when JPMorgan and other large U.S. banks are due to report third-quarter results, CMC Markets said.
