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WSJ Minute Briefing

U.S. Stock Indexes Rise as Israel and Iran’s Cease-Fire Got Off to a Shaky Start

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 24 June 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

Federal Reserve chair Jerome Powell testified before Congress, reaffirming the central bank’s wait-and-see stance on rate cuts. Plus: Uber shares rose after it launched its robotaxi partnership with Waymo. Danny Lewis 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

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0:22.7

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0:23.5

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0:25.4

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0:26.3

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0:27.7

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0:29.1

Deas and Cs and Cs Apply.

0:33.9

Here's your closing bell brief for Tuesday, June 24th.

0:37.5

I'm Danny Lewis for the Wall Street Journal.

0:40.0

All three major U.S. stock indexes ended the day up as Israel and Iran's ceasefire got off to a shaky start.

0:46.8

The Dow Jones Industrial Average gained 507 points to close at 43,089.

0:52.1

The S&P 500 rose 67 points, and the NASDAQ advanced 282 points.

0:59.5

U.S. oil prices extended Monday's slide, falling around 5% to about $65 a barrel. The retreat came

1:06.5

after President Trump said China could buy Iranian oil, despite sanctions designed to impede such trade.

1:12.8

Meanwhile, Federal Reserve Chair Jerome Powell testified before Congress today and reaffirmed the

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