India, Oct. 12 -- The Dow Jones Industrial Average (^DJI) is trading up on Monday, October 12, 2026, fueled by a powerful double-upgrade for Salesforce and rising energy stocks as oil prices spike despite political discussions of an "energy ceasefire". While the price-weighted Dow shows strength, the broader market remains mixed, with the tech-heavy Nasdaq slipping as investors brace for the start of Q3 earnings season.

Key Market Drivers

Salesforce Double Upgrade: Shares of Salesforce (CRM) surged more than 2.6% after Bank of America raised its rating from Underperform directly to Buy, boosting its price target to $285. The bank noted that enterprise fears regarding AI disruption have subsided and highlighted strong potential for the c...