# Stocks Churn Ahead of CPI, Earnings Season

> Stocks mixed Monday as CPI data and earnings season loom.
- Title: Stocks Churn Ahead of CPI, Earnings Season · Kiplinger
- Summary: Stocks mixed Monday as CPI data and earnings season loom. Stocks closed mixed ahead of September CPI report and earnings season with Salesforce rising on…
- Keywords: dow jones, s&p 500, nasdaq composite, salesforce, cpi, earnings season, bloomberg, bofa securities, raymond james, morgan stewart, Stocks, Churn
- Source: Kiplinger — https://kiplinger.com/investing/stocks/stocks-churn-ahead-of-cpi-earnings-season-stock-market-today
- Published: 2026-10-12T20:11:41+00:00
- Read time: 1 min
- Topics: dow jones, s&p 500, nasdaq composite, salesforce, cpi, earnings season, bloomberg, bofa securities, raymond james, morgan stewart
## Stocks closed mixed
Stocks closed mixed Monday with no earnings or economic reports scheduled for release.
## Salesforce climbs 2.1%
Salesforce rose 2.1% after BofA Securities upgraded its rating to Buy from Underperform.
## Salesforce price target raised
Salesforce's price target was raised from $160 to $285 by BofA Securities analyst Tal Liani.
## Salesforce down 12% year to date
Salesforce has fallen 12% year to date and hasn't traded near $285 since May 2025.
## AI strategy deepens platform dependence
Liani states AI should deepen dependence on platforms and large enterprises are unlikely to replace them.
## Bull market celebrates fourth anniversary
The current bull market marks its fourth anniversary with the S&P 500 up 118% on a price return basis.
## S&P 500 and Nasdaq slightly lower
The S&P 500 and Nasdaq Composite finished slightly lower Monday at 7,807 and 27,245 respectively.
## CPI data could trigger volatility
September CPI data could spark near-term market volatility as inflation remains high.
## Earnings season begins this week
Earnings season starts this week with Johnson & Johnson and JPMorgan Chase leading the calendar.
## Key takeaway

Stocks closed mixed ahead of September CPI report and earnings season with Salesforce rising on upgraded ratings.