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WSJ Minute Briefing

Dow Rallies After Fed Official Signals a Possible Rate Cut

WSJ Minute Briefing

The Wall Street Journal

News, Business News

4.1671 Ratings

🗓️ 21 November 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: Eli Lilly’s weight loss drugs propel it to a $1 trillion market cap. And Gap shares rise after seeing sales growth. Katherine Sullivan hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Why are businesses like HelloVet choosing Apple products and services?

0:04.8

So we started the business two years ago.

0:07.2

We had a few people who were used to PCs and this was their first foray into Macs.

0:12.5

But it's been super smooth getting everyone onto those devices and everyone seems really, really happy.

0:18.0

Find out how Mac can help you run and grow your business at apple.com forward slash

0:23.6

HelloVet.

0:29.3

Here's your closing bell brief for Friday, November 21st.

0:33.3

I'm Catherine Sullivan for the Wall Street Journal.

0:36.2

US stocks finished higher today, snapping

0:38.7

back after sharp declines earlier in the week. The Dow led the charge, gaining 493 points or 1.1

0:46.0

percent, as hopes for a near-term interest rate cut buoyed investor sentiment. The S&P 500 and

0:52.2

NASDAQ also rose by nearly one percentage point each.

0:56.0

The overall rally was triggered by comments from a Federal Reserve official suggesting the case for December rate cut is strengthening.

1:03.0

Global chip stocks sold off, echoing earlier U.S. declines.

1:07.0

Among individual companies, drug maker Eli Lilly saw its shares climb 1.6 percent, becoming the first pharmaceutical company ever to hit a $1 trillion market capitalization on the strength of booming demand for its weight loss drugs.

1:22.4

Into its stock rallied 4 percent after the financial technology company's quarterly results topped forecasts,

1:28.8

boosted by artificial intelligence demand from mid-sized businesses. Shares of clothing retailer

1:34.2

gap jumped 8% after raising its annual guidance following same store sales growth across its

1:39.7

gap, Old Navy, and Banana Republic brands. And discount retailer raw stores posted an 8% stock gain after reporting stronger than expected

1:49.0

results and raising its full year guidance.

1:52.1

Heads up, an artificial intelligence tool helped us make this episode by creating

1:56.2

summaries that were based on WSJ reporting and then reviewed and adapted by an editor.

...

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