Here's your closing bell brief for Monday, April 13th. I'm Catherine Sullivan for the Wall Street Journal.

U.S. stocks moved higher today as investors weighed geopolitical tension against corporate earnings.

The NASDAQ rose 1.2%, the S&P 500 rose 1%, and the Dow was up 0.6%. Oil prices climbed near $100 a barrel

after a United States blockade of the Strait of Hormuz. This move impacted global energy flows

and created significant market uncertainty. However, investors remain hopeful for a new round of diplomatic

talks.

Among individual companies, Goldman Sachs shares fell nearly 2% today.

The bank reported record profits from trading and deal-making activity.

Investors reacted poorly to a weaker performance in its fixed income segment.

Palantir Technology's shares rose 3%. The stock were covered

after sharp losses earlier in the month. Investors previously feared that newer AI technology

might hurt its data analytics business. And Carnival shares declined nearly 1% during the session

today. Rising oil prices created concerns about

higher fuel costs for the company. These geopolitical factors continue to weigh on the broader

travel sector. 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.