{
  "id": 15817106,
  "title": "US stocks advance as oil pulls back from war-driven highs",
  "url": "https://urgent.news/2026/10/20/us-stocks-advance-as-oil-pulls-back-from-war-driven-highs",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-20T23:26:32.000Z",
  "source": {
    "name": "Qatar Tribune Business",
    "slug": "qatar-tribune-business",
    "url": "https://www.qatar-tribune.com/article/260133/business/us-stocks-advance-as-oil-pulls-back-from-war-driven-highs"
  },
  "original_language": "en",
  "account": "U.S. stocks rose on Tuesday, following the release of strong earnings reports from companies like Equifax, Hasbro, and Halliburton, while oil prices retreated after testing their highest levels in nearly a year due to the ongoing Iran war. The S&P 500 gained 0.6%, while the Dow Jones Industrial Average climbed 1.3%. The Nasdaq composite also saw a modest increase of 0.5%.\n\nAnalysts expect corporate profits to drive long-term stock prices, and several companies reported higher-than-expected earnings during the latest quarter. Equifax saw a 10.7% increase following a larger profit than anticipated, despite high mortgage rates impacting some areas of its business. Hasbro experienced a 5.9% rise after its \"Magic: The Gathering\" game earned over $600 million in a quarter, surpassing analyst expectations. Meanwhile, Halliburton reported better-than-expected profit and revenue figures, citing recovering demand for its oilfield services.\n\nMeanwhile, the price of Brent crude oil dropped 2.5% to $106.78, easing concerns over persistently high inflation. The decline benefited various sectors, including airlines (American Airlines up 7.1% and United Airlines up 5.3%), and Braze, a customer engagement platform, surged 50.8% following its acquisition by Salesforce for $47.50 per share. GM, on the other hand, declined 4.9% despite reporting higher-than-expected profits and announcing a potential $20 billion stock buyback program.\n\nLooking ahead, companies are under pressure to maintain robust profit growth, both in the near term and for future years. AI stocks, which have been a focal point of market uncertainty due to the technology's rapid growth and the impact of high interest rates on borrowing, continued to fluctuate. CoreWeave, an AI-focused company, experienced significant volatility, climbing from a more than 6% loss to a 4.1% gain.",
  "summary": "AgenciesThe 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 afte...",
  "key_points": [
    "U.S. stocks advance 0.6% to 1.3% on strong earnings",
    "Oil prices drop 2.5% to $106.78 amid Iran war concerns",
    "Companies like Equifax, Hasbro, Halliburton report higher-than-expected profits"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}