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WSJ Minute Briefing

Nasdaq Enters Correction Territory

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 26 March 2026

⏱️ 3 minutes

🧾️ Download transcript

Summary

Oil prices pushed above $100. Plus: Olaplex shares rally after acquisition deal. And H&M stock slides after muted sales. 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

Click on a timestamp to play from that location

0:00.0

Access to affordable credit helps me pay my employees, but I don't really need it.

0:05.0

Infliction is killing me!

0:08.0

But who cares? Big retailers are making record profits!

0:12.0

That's why we support the Durban Marshall Credit Card Bill!

0:15.0

See? Banks and credit unions help small businesses make payroll.

0:18.0

This bill would cut the vital resources they need.

0:25.1

While increasing megastore profits, they deserve it. Don't they?

0:29.1

Tell Congress, stop the Durban Marshall money grab for corporate megastores.

0:31.2

Paid for by the Electronic Payments Coalition.

0:41.1

Here's your closing bell brief for Thursday, March 26th. I'm Catherine Sullivan for the Wall Street Journal.

0:47.0

U.S. stocks fell sharply today as energy prices and geopolitical tensions rattled investors.

0:55.2

The NASDAQ dropped 2.4% and entered a correction. The tech-heavy index is now down 10% from its recent peak.

1:03.8

The S&P 500 lost 1.7% while the Dow fell 1%. Brent Crude Futures pushed back above $100 a barrel.

1:10.3

Investors are worried that high interest rates and inflation will persist. Among individual companies, Oliplex shares rallied 51% during the session.

1:14.6

This surged followed a deal for German chemicals and consumer goods company Henkel to acquire the hair care brand.

1:21.8

Hapag Lloyd shares slipped nearly 5% in German trading today. The shipping company warned of an earnings slump due to war

1:29.4

disruptions. H&M shares slid 2% after reporting a muted start to the year. The Fast Fashion

1:36.5

Group noted a significant slowdown in early sales. And meta-platforms and alphabet shares fell 8% and

1:44.1

3% respectively following a legal defeat.

1:47.5

The companies lost a landmark trial regarding social media addiction that could open the floodgates to further litigation.

1:54.6

Heads up, an artificial intelligence tool helped us make this episode by creating summaries that were based on WSJ reporting and then reviewed

2:01.2

and adapted by an editor. We'll have a lot more coverage of the day's news on the WSJ's

...

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