What’s News in Markets: SpaceX’s Rocky Flight, Oil Slides, Fed Fallout

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 20 June 2026

⏱️ 5 minutes

🔗️ Recording | Apple Podcasts | RSS

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Summary

Will peace in the Middle East lead to an oil glut? And what did investors learn from Kevin Warsh’s first meeting as Federal Reserve chairman? Plus, is SpaceX stock coming back to earth? Host Imani Moise discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter.

Transcript

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0:00.0	Okay, Micah, what do you want now?
0:03.0	Roy, it's coming home, baby.
0:06.0	Can't you feel it?
0:07.0	The excitement, the group chats, the atmosphere.
0:11.0	Well...
0:12.0	Come on!
0:14.0	I've got a good feeling about this one, Roy.
0:17.0	The world's gone football!
0:24.6	Okay, Dan, a bit.
0:28.1	Getting on the action this summer with Skybet.
0:29.9	18 plus gambleaware.org.
0:34.8	Hey listeners, it's Saturday, June 20th.
0:36.9	I'm Imani Moise for the Wall Street Journal. And this is what's news in markets.
0:39.6	Our look at the biggest stock moves of the week and the news that drove them. Let's dive in.
0:44.8	It was a short week for markets due to the Juneteenth holiday, but there was no shortage of market-moving
0:49.8	headlines. Investors cheered the strongest sign yet that the U.S. and Iran are moving closer to a lasting peace deal.
0:57.4	They also got a reality check from the new chair of the Federal Reserve, who made it clear that he wants a less predictable and less talkative central bank.
1:05.8	And in the background, the AI-fueled rally that has powered markets for much of this year showed no sign of slowing.
1:12.7	Overall, markets ended higher.
1:14.5	The tech-heavy NASDAQ led the way, gaining nearly 2.5% for the week.
1:19.0	The S&P 500 added 0.9%, while the Dow rose 0.7%.
1:36.2	The peace deal between the U.S. and Iran means that the Strait of Hormuz, a crucial global highway for oil, will be coming back online.
	...

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