US stocks rose after strong profit reports from Equifax (up 10.6%), Hasbro (up 9.3%) and 3M, with the S&P 500 up 0.4% and the Dow up 1% by early afternoon Eastern time. Oil prices eased, with Brent falling 0.8% to $US108.70 after nearing $US112, which could relieve inflation pressure if it lasts, while airlines such as American Airlines gained. Braze jumped 51.5% after Salesforce agreed to buy it for $US47.50 per share in cash, while General Motors sank 8.2% despite a bigger-than-expected profit and a plan to buy back up to $US20 billion of stock. AI stocks remained volatile, and South Korean AI company Elice dropped 32% on its first day of trading as South Korea's Kospi fell 3.7%. The Australian sharemarket was set to open 0.4% higher after the ASX lost 0.3% on Tuesday, with the Australian dollar at US70.03 cents.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Markets today : Wall Street rises , oil drops ; ASX set to advance
Read the original on watoday.com.au ↗
Keywords
Wall Streetoil pricesmergers and acquisitionsDow Jones
Open a keyword to see other news on the same topic.
Related tickers and likely impact
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/19/2026 | 718.36 |
| Change that session | +1.21% |
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/19/2026 | 766.48 |
| Change that session | +0.42% |
PLX
▲ Likely positivePetrolimex
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Oil & Gas |
| Industry | Integrated Oil & Gas |
| Market cap | 44,598 bn VND |
| P/E | 13.9 |
| P/B | 1.84 |
| Close on 10/20/2026 | 35.10 |
| Change that session | -0.14% |
PVD
▼ Likely negativePetroVietNam
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Oil & Gas |
| Industry | Oil Equipment & Services |
| Market cap | 16,699 bn VND |
| P/E | 15.0 |
| P/B | 0.96 |
| Close on 10/20/2026 | 18.00 |
| Change that session | +1.69% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Most US stocks rise following strong profit reports from Equifax , Hasbro and other big companies
U.S. stocks mostly rose Tuesday after strong earnings from Equifax (up 11.3%), Hasbro (up 11.2%) and 3M (up 5.8%). The S&P 500 gained 0.3% to 7,712.57, the Dow rose 529.85 points, or 1%, to 52,495.88, while the Nasdaq slipped less than 0.1% as AI stocks remained volatile. Brent crude fell 0.7% to $108.79 a barrel after nearing its highest level since the war with Iran began. Braze jumped 51.7% after Salesforce agreed to buy it for $47.50 in cash per share, while General Motors dropped 6.8% despite a bigger-than-expected profit, as its full-year forecast midpoint fell short of expectations and it announced a buyback of up to $20 billion.
- Stocks rise after oil prices retreat , companies deliver strong profits
U.S. stocks rose Tuesday on strong profit reports from Equifax, Hasbro and 3M, while oil prices eased after nearing their highest levels since the war with Iran began. As of 11:45 a.m. Eastern, the Dow Jones gained 518 points, or 1%, the S&P 500 rose 0.4%, and the Nasdaq added 0.2% amid fresh swings in AI stocks. Equifax jumped 11.6%, Hasbro rose 6.1%, 3M gained 5.1%, and airlines such as American Airlines rallied 5.1% as fuel prices fell. Braze soared 50.9% to $45.32 after Salesforce agreed to buy it for $47.50 per share in cash, while General Motors sank 6.5% despite a bigger-than-expected profit and a buyback program of up to $20 billion. In South Korea, Elice fell 32% on its first trading day in Seoul, and the Kospi index dropped 3.7%.
- Japanese Market Significantly Higher
Japan's Nikkei 225 was trading up 629.31 points, or 0.98%, at 64,704.73, recovering some of the previous two sessions' losses, with gains led by banks, exporters and tech stocks while automakers slipped. Japan's September trade deficit was 536.6 billion yen, wider than the 181.0 billion yen shortfall forecast but narrower than August's 1,111.9 billion yen, as exports rose 16.7% to 10.972 trillion yen and imports rose 18.9% to 11.508 trillion yen. On Wall Street, the Dow jumped 529.85 points, or 1%, to 52,495.88 on Tuesday, while the S&P 500 rose 0.3% and the Nasdaq edged lower. Crude oil fell $1.76, or 1.82%, to $101.84 per barrel after reports that Qatar and Pakistan are pushing for a U.S.-Iran peace deal.
- U . S . stocks end mixed on upbeat earnings - Xinhua
U.S. stocks closed mixed on Tuesday as strong corporate earnings and falling oil prices offset weakness in technology. The Dow Jones Industrial Average rose 529.85 points (1.02%) to 52,495.88, the S&P 500 gained 0.28% to 7,712.57, and the Nasdaq Composite slipped 0.02% to 26,424.82. Nine of 11 S&P 500 sectors finished higher, led by health care and real estate, while information technology and communication services lagged. The 10-year Treasury yield fell below 5.12% after weak housing data reduced expectations of near-term Federal Reserve rate hikes. WTI crude fell nearly 2% to $101.79 a barrel and Brent slipped 0.69% to $108.79 as hopes grew for renewed U.S.-Iran peace talks. 3M jumped 5.78% after beating third-quarter expectations, while General Motors fell nearly 7% despite beating profit forecasts due to a weak full-year outlook; pending home sales dropped 7.3% in September, the lowest since the series began in 2001.
- US stocks hold relatively steady even as several AI companies swing lower
U.S. stocks held relatively steady as several AI companies fell. The S&P 500 rose 0.6% and the Dow gained 667 points, or 1.3%, by 10:45 a.m. Eastern, lifted by strong quarterly profits at Equifax (up 10.7%) and Hasbro (up 5.9%). Brent crude fell 2.5% to $106.78 a barrel, helping airlines such as American Airlines (up 7.1%) and United Airlines (up 5.3%). Braze soared 50.8% after Salesforce agreed to buy it for $47.50 per share in cash, while General Motors sank 4.9% despite a bigger profit than expected. AI stocks stayed volatile, with CoreWeave swinging between gains and losses, and South Korea's Kospi fell 3.7%.
- Stock Market News for Oct 20, 2026
Wall Street ended mixed on Monday as oil market risks persisted amid geopolitical tensions, with the Nasdaq Composite and S&P 500 finishing higher and the Dow lower. The Dow Jones Industrial Average fell 0.1%, or 36.38 points, to close at 51,966.03, with 18 of its 30 components ending lower; JPMorgan Chase & Co. (JPM) was the biggest loser, down 1.8%. The Nasdaq Composite rose 1.1% to 26,430.89 and the S&P 500 gained 0.4% to 7,690.73, while the CBOE Volatility Index fell 7.75% to 18.44. Consumer Discretionary (XLY) rose 2.7%, Information Technology (XLK) gained 1.2%, and Real Estate (XLRE) fell 1.2%. Oil gained after attacks on Saudi energy infrastructure revived supply concerns, with Brent crude up 0.37% to $109.96 a barrel and WTI up 0.27% to $98.81.
Related markets
Latest news
- Prediction: Coca-Cola Stock Is Going to Soar After Oct. 27
Coca-Cola (KO) reports third-quarter earnings on Oct. 27, and its stock is up about 33% so far this year after it raised full-year guidance in July. In the second quarter, revenue rose 7% to $13.4 billion, global unit case volume grew 5%, and adjusted EPS reached $0.97, up 11%. The company used the FIFA World Cup to promote its brands in more than 180 markets, contributing to 5% volume growth for its flagship brand and 8% for Powerade. Its updated outlook calls for 5% organic revenue growth, 9% to 10% adjusted EPS growth (up from 8% to 9%), and $12.4 billion in projected free cash flow. The author argues that its global distribution network and brand portfolio could support further growth.
- Jensen Huang on RTK Spark: One petaflop of AI power 'you can hold in your hands'
Nvidia CEO Jensen Huang unveiled RTX Spark, a new line of desktops, laptops, and workstations offering one petaflop of AI compute, at the GTC Berlin AI Conference. The chip, called N1X, was developed over four years of work with Microsoft and the broader PC industry. Huang compared it with the 2016 system of one petaflop and 128 gigabytes delivered to OpenAI, noting that the earlier DGX-1 took two people to carry upstairs. He also announced a Windows-based DGX Station with 20 petaflops and 754 gigabytes of memory, expected to be available at the end of this year.
- If Micron Grows At 10% a Year, Here’s What $1,000 Becomes By 2030
Micron (MU) closed at $878.84 after a 14.58% one-week decline, while fiscal 2026 revenue reached $133.19B, up 256.3% year over year. The article's model projects a base-case value of about $1,487.40 for a $1,000 investment by 2031 (a 48.74% total return), with a bear case of $849 and a bull case of $2,684.40. Supporting factors include demand expected to exceed supply in calendar 2027 and 2028, more than 75% of 2027 output already committed, and 26 strategic customer agreements with remaining performance obligations near $150 billion. Risks cited include memory's historical cyclicality, a record 87.0% non-GAAP gross margin, $30.7B in fiscal 2026 capex, and a possible strike in Taiwan. With a beta of 2.226, the article notes that price moves could be sharp.
- Trump to throw spotlight on overseas crypto abuses at White House event
President Donald Trump is set to highlight his administration's efforts to pursue overseas crypto criminals at a White House cybercrime event on Wednesday, according to an official. U.S. law enforcement has halted about $833 million in crypto tied to overseas scams, and 503 fraudulent crypto websites have been seized under the Homeland Security Task Force. Authorities have also informed almost 9,000 U.S. citizens that they are being victimized. The transnational criminal organizations behind these scams have stolen tens of billions of dollars from Americans, and the Treasury formed a multi-agency Scam Center Strike Force in November. Meanwhile, Trump's personal crypto ties may have become a political liability as the midterm elections approach in a couple of weeks.
- AI is building out the new Industrial Revolution: Nvidia's Jensen Huang
Nvidia CEO Jensen Huang delivered a keynote at the GTC Berlin event, where he emphasized that AI is helping build the new Industrial Revolution. He noted that AI is becoming increasingly integrated into manufacturing processes.
- Is Berkshire Hathaway's Greg Abel Is Changing the Script? Here's the Latest Tech Stock He Just Bought.
Berkshire Hathaway, led by CEO Greg Abel since January, bought an additional $330 million of Bending Spoons (BSP) shares, bringing its stake to 4% after its July IPO purchase. The latest deal was a private placement of 10 million shares at $33 each, while the stock traded at $47 before the announcement and jumped to $53 on Oct. 14. Bending Spoons' second-quarter revenue rose 126% to $311 million, and operating margin improved from 32% to 34%, though growth was driven by acquisitions and the company did not disclose results for individual brands. It reported $4.09 billion in net debt and a 2.4 leverage ratio, which the article contrasts with the cash-generating companies Berkshire usually buys. The article suggests the move shows Abel is willing to look beyond the company's traditional industries.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.