US Stocks Rise After Companies Deliver Strong Profits and Oil Prices Retreat
Stronger-than-expected earnings lifted the market, while a drop in Brent crude to $108.43 eased pressure on inflation and helped fuel-heavy stocks.
- The S&P 500 slipped 0.1% on Tuesday as artificial-intelligence stocks faced renewed pressure, with CoreWeave tumbling 4.5% before the market opened amid investor concerns over sector debt.
- South Korean AI firm Elice Group tumbled 30% during its market debut, signaling investor caution about the leverage companies use to finance cloud-based AI chips and high borrowing costs.
- Corporate earnings offered mixed results: Hasbro climbed 4.2% after its 'Magic: The Gathering' game generated more than $600 million, while Equifax rallied 10.6% on strong profits. General Motors sank 4.9% despite reporting bigger profits than analysts expected.
- Brent crude traded between $97 and $112 per barrel this month amid Middle East tensions. Uncertainty about the war with Iran suggests energy costs are unlikely to ease soon, weighing on the broader economic outlook.
- Across Europe, violent protests in France, Italy, and Albania continue to stress government budgets and bond markets. Netflix announced plans to lay off nearly 1,000 employees this week as part of wider organizational changes affecting the streaming sector.
58 Articles
58 Articles
Most US stocks rise following strong profit reports from Equifax, Hasbro and other big companies - WXXV News 25
By STAN CHOE NEW YORK (AP) — Most of the U.S. stock market rose Tuesday following strong profit reports from Equifax, Hasbro and other companies, while oil prices eased back after nearing their highest levels since the war with Iran began. The S&P 500 added 0.3%. The Dow Jones Industrial Average rallied 529 points, or 1%, while more swings for...
My Mother Lode
The Seattle TimesHow major US stock indexes fared Tuesday 10/20/2026
The U.S. stock market mostly rose following strong profit reports from Equifax, Hasbro and other companies, while oil prices eased back after nearing their highest levels since the war with Iran began. The S&P 500 added 0.3% Tuesday. The Dow Jones Industrial Average rose 1%, while drops for several big technology stocks including Apple and Meta Platforms weighed on the Nasdaq composite, which ended down less than 0.1%. After nearing $112 in the …
Sydney Morning Herald
ASX set to climb as Wal Street rises; $A over US70c
The US stock market is rising following strong profit reports for Equifax, Hasbro and other companies, while oil prices ease back after nearing their highest levels since the war with Iran began.
The Korea Times
US stocks rise after companies deliver strong profits and oil prices retreat
NEW YORK — The U.S. stock market is rising Tuesday following strong profit reports for Equifax, Hasbro and other companies, while oil prices ease b...
The Norfolk Daily News
US stocks rise after oil prices retreat and companies deliver strong profits
NEW YORK (AP) — The U.S. stock market is rising Tuesday following reports showing strong profits for Equifax, Hasbro and other companies during the summer, while oil prices eased back after nearing their highest levels since the war with Iran…
Coverage Details
Bias Distribution
- 52% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
