Here's your closing bell brief for Tuesday, April 14th.

I'm Catherine Sullivan for the Wall Street Journal.

U.S. stocks rose today as major indexes approached record territory.

The NASDAQ jumped 2% for its 10th straight day of gains.

The S&P 500 added 1.2%. It now sits close to an all-time high,

and the Dow rose 0.7%. Banking earnings suggested that the economy remains resilient despite

the war in Iran. Oil prices fell sharply as the United States in Iran signaled progress in talks.

Domestic crude dropped 7.9 percent to finish at its lowest level since March. Investor sentiment also improved

after wholesale inflation came in cooler than expected. Among individual companies, American Airlines

shares jumped 8 percent. This move followed news that the United Airlines CEO floated a possible merger. United shares were up 2%.

Wells Fargo shares fell nearly 6% today. The drop came as investors parsed mixed earnings results from the banking sector.

Meanwhile, BlackRock shares rose 3%. BP shares slipped over 2%. The company

expects an exceptional oil trading result for the first quarter with the war-lifting prices,

but warned that volatility could impact results as oil prices retreat. And Imperial Brands shares

sold off nearly 5%. The tobacco company reported a week

first half in its major markets. Heads up, an artificial intelligence tool helped us make this

episode by creating summaries that were based on WSJ reporting and then reviewed and adapted by an

editor. We'll have a lot more coverage of the day's news on the WSJ's What's News podcast.

You can add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts.