What’s News in Markets: Persian Gulf Oil Damage, Defense Stocks Under Fire, AI Revivals
WSJ What’s News
The Wall Street Journal
4.1 • 4.2K Ratings
🗓️ 25 April 2026
⏱️ 5 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | I think the potential of Agenic is to rethink how work gets done overall. |
| 0:05.0 | It challenges all sorts of traditional orthodoxies around how organizations execute the work at hand. |
| 0:11.3 | That's Jason Gersatus, CEO of Deloitte U.S., talking about the transformational potential of A.Gentic AI. |
| 0:17.9 | Join him later to learn why agents are a game changer for businesses across industries. |
| 0:26.0 | Hey listeners, it's Saturday, April 25th. I'm Yomani Mouise for the Wall Street Journal. |
| 0:31.6 | And this is what's news and markets. Our look at the biggest stock moves of the week and the news that |
| 0:36.2 | drove them. Let's dive in. |
| 0:38.3 | It was another week of records for markets. |
| 0:41.2 | The S&P 500 and NASDAQ hit new highs. |
| 0:44.3 | Strong tech results overshadowed both ongoing anxiety over the war and surging oil prices. |
| 0:50.3 | But the rally wasn't smooth. |
| 0:52.4 | Stock swung throughout the week as headlines about the conflict in the Middle East shifted, |
| 0:56.0 | and investors weighed a mixed batch of corporate earnings. |
| 0:59.0 | Still, the NASDAQ rose 1.5% to a new record driven by tech companies cashing in on AI. |
| 1:06.0 | The S&P 500 added about half a percent, and the Dow Jones Industrial average slipped 0.4%. |
| 1:12.6 | Energy stocks were one of the biggest winners in the S&P 500, rising about 3% over the week, as |
| 1:22.1 | investors bet disruptions in the Middle East will keep oil prices elevated for longer than expected. |
| 1:28.8 | The conflict between the U.S. and Iran has effectively brought traffic in and out of the Persian Gulf close to a standstill, |
| 1:34.0 | cutting off one of the world's most critical oil supply routes. And even if the conflict were resolved |
| 1:39.1 | quickly, analysts and oil industry executives say the damage to global energy infrastructure |
| 1:44.0 | could take months or even years to fully unwind. |
| 1:47.7 | Oil fields have been shut down, workers have fled the region, and restarting production is expected to be slow and costly. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

