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 smh.com.au ↗
Keywords
Wall Streetoil pricesmergers and acquisitionsDow Jones
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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 | 44,661 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 | 16,421 bn VND |
| P/E | 14.8 |
| P/B | 0.95 |
| 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
- 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%.
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- 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.
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Global equities ended Monday's session mixed, with a technology-driven rally on Wall Street contrasting with broad declines across Europe and uneven performance in Asia-Pacific. The S&P 500 rose 31.29 points (0.41%) to 7,690.73, while the NASDAQ Composite surged 290.85 points (1.11%) to 26,430.89. The Dow Jones Industrial Average slipped 36.38 points (0.07%) to 51,966.03. In Europe, the DAX fell 1.18%, the FTSE 100 dropped 1.08%, and the CAC 40 lost 1.11%. In Asia, the Hang Seng gained 0.52% and the KOSPI jumped 1.76%, while the IDX Composite plunged 3.64% and the Nikkei 225 fell 0.62%.
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U.S. stocks closed Monday mixed: the NASDAQ Composite jumped 290.85 points (1.11%) to 26,430.89 on a strong technology-driven rally, the S&P 500 rose 31.29 points (0.41%) to 7,690.73, and the Dow Jones Industrial Average slipped 36.38 points (0.07%) to 51,966.03. European markets broadly declined, with the FTSE 100 down 1.08%, the DAX off 1.18% to 25,319.77, and the CAC 40 down 1.11%. In Asia, results were uneven: the Hang Seng gained 0.52% and the KOSPI rose 1.76%, while the IDX Composite plunged 3.64% and the S&P BSE SENSEX fell 1.17%. In the Americas, the S&P/TSX Composite declined 0.69% to 35,928.63.
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