Stocks Trade Higher After Report on U.S.-Iran Diplomacy
WSJ Minute Briefing

Stocks Trade Higher After Report on U.S.-Iran Diplomacy

B2Upper-intermediateOctober 20, 20261 min
  • News bulletin
  • Business & money

Plus: Brent crude prices fall below $109 a barrel. And in its second earnings report as a public company, SpaceX reported $14.6 billion in revenue—more than doubling from the same time last year. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of pers...

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I'm Pierre Bienemay for The Wall Street Journal.

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Iran.

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B2 · Upper-intermediate

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0:00

Here's your closing bell brief for Tuesday, October 20th. I'm Pierre Bienemay for The Wall Street Journal. Stocks traded higher today on hopes that there's progress and diplomacy between the U.S. and Iran.

0:15

The move was apparently sparked by a report, which The Wall Street Journal hasn't verified, that mediators had presented a proposal to revive talks between the two countries. The Dow led the gains, growing just over 1%. The S&P 500 rose about 0.3%.

0:30

And the NASDAQ ended near flat. Over an oil, Brent crude prices fell below $109 a barrel. Among individual companies, General Motors stock dropped nearly 7% as mounting cost pressures overshadowed higher profit and revenue in the third quarter.

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