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WSJ Minute Briefing

S&P Rises to New High With Earnings in Focus

WSJ Minute Briefing

The Wall Street Journal

Business News, News

3.6631 Ratings

🗓️ 17 July 2025

⏱️ 3 minutes

🧾️ Download transcript

Summary

Investors rode along with upbeat blue-chip earnings. Plus TSMC, the world's largest contract chip maker, delivered a record profit last quarter. Shares in EV maker Lucid rocketed on the news it will collaborate on Uber's robotaxi program. United Airlines posted better-than-expected adjusted quarterly earnings. And, Insurer Elevance Health slashed its 2025 profit projection. Charlotte Gartenberg hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Americans love using their credit cards, the most secure and hassle-free way to pay.

0:04.0

But DC politicians want to change that with the Durban Marshall Credit Card Bill.

0:08.0

This bill lets corporate megastores pick how your credit card is processed,

0:13.0

allowing them to use untested payment networks that jeopardize your data security and rewards.

0:18.0

Corporate megastores will make more money and you pay the price.

0:22.1

Tell Congress to guard your card because Americans lose when politicians choose. Learn more at

0:28.1

guard your card.com. Here's your closing bell brief for Thursday, July 17th. I'm Charlotte Gartenberg for the Wall Street Journal.

0:40.2

U.S. stock indexes climbed today with the S&P hitting a new record on a busy day for corporate earnings.

0:47.2

The Dow Jones Industrial Average was up 230 points to close at 44,484. The S&P rose 34 points and the NASDAQ climbed 154 points.

0:59.2

Investors are digging into a series of blue chip earnings results and awaiting updates from others.

1:04.4

Meanwhile, the dollar moves higher after President Trump suggests over 150 countries will face tariffs of 10 or 15 percent.

1:12.5

Among individual companies, TSMC, the world's largest contract chipmaker, delivered a record

1:18.6

profit last quarter and said it was speeding up its expansion in Arizona.

1:23.3

Its American depository receipts rallied, closing up almost 3.5%.

1:27.7

Shares and EV maker Lucid rocketed on the news it will collaborate on a robo-taxy program for Uber's ride-sharing app.

1:36.8

Lucid shares ended the day up just over 36%, while Uber stock ended down more than a quarter of a percent.

1:44.5

United Airlines posted better than expected adjusted quarterly earnings, although its annual outlook disappointed.

1:50.9

Shares jumped around 3%. Aircraft Maker GE Aerospace raised its annual earnings outlook after quarterly sales and profit both beat expectations. However, shares dropped

2:02.5

over 2%. And insurer Elevance Health slashed its 2025 profit projection, citing industry-wide cost

2:11.5

increases related to the Affordable Care Act and Medicaid. shares fell over 12 percent and other

2:17.2

health insurer stocks also fell.

2:20.2

We'll have a lot more coverage of the day's news on the Wall Street Journal's What's News

...

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