U.S. Stocks Slip as Israel-Iran Conflict Continues
WSJ Minute Briefing
The Wall Street Journal
4.1 • 671 Ratings
🗓️ 17 June 2025
⏱️ 2 minutes
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| 0:27.1 | 18 plus subscription required. |
| 0:28.6 | Teas and Cs apply. |
| 0:34.0 | Here's your closing bell brief for Tuesday, June 17th. I'm Danny Lewis for the Wall Street Journal. |
| 0:40.5 | U.S. stocks slipped after hopes for a quick resolution to the Israel-Iran conflict dimmed. |
| 0:45.8 | The Dow Jones Industrial Average fell 299 points to close at 42,216. The S&P 500 lost 50 points, |
| 0:53.8 | and the NASDAQ declined 180 points. President Trump said he's losing patience with Iran as the U.S. expands its military footprint in the region. |
| 1:03.1 | Trump called for Iran's unconditional surrender and said he wouldn't target the country's leader, quote, for now. |
| 1:09.0 | The journal previously reported that Iran has signaled it |
| 1:11.7 | wishes to de-escalate hostilities with Israel. Oil prices rallied as the conflict continued, |
| 1:17.6 | with benchmark U.S. futures at around $75 a barrel. New Commerce Department data out today |
| 1:23.6 | showed U.S. retail sales shrank more than expected in May. Sales fell 0.9% from the month before, |
| 1:29.7 | mostly due to a plunge in auto purchases. In individual companies trading today, |
| 1:35.7 | shares of gene editing company, Verve Therapeutics surged more than 81% after Eli Lilly agreed |
| 1:41.3 | to buy the company for about $1 billion up front. |
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