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What's Moving Markets Today? -- WSJ

What's Moving Markets Today? -- WSJ

Dow JonesDow Jones2026/10/20 15:44

By Heather Gillers

Stocks did a U-turn early Tuesday, setting aside AI concerns, with the Dow industrials rising around 1% after a report of thawing diplomatic relations between the U.S. and Iran. Meanwhile, investors are gearing up for a raft of tech earnings reports. Here's what's moving markets today.

-- Mideast optimism: An Al-Araby Al-Jadeed report that mediators had presented a proposal to revive talks between Iran and the U.S. seems to be stoking optimism, driving stocks up and oil prices down. The Journal hasn't verified the report.

-- Setting aside AI concerns: Share prices are rising again for "neocloud" company CoreWeave after closing down 0.4% Monday amid concerns about data center ambitions. And the market seems to have bounced back from an early morning blow after South Korean data-center startup Elice's debut fell flat.

-- Earnings: Investors are gearing up for SpaceX's second-ever earnings report, due out after the market closes. Streaming giant Netflix will also deliver its latest report-and try to answer Wall Street's questions about its strategy after it ousted two creative execs and slashed 1,000 jobs this week.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

October 20, 2026 11:44 ET (15:44 GMT)

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