Salesforce agreed to acquire Braze for $5.7 billion, causing Braze shares to surge 52%, while GM plummeted 6.8% on commodity costs despite announcing a $20 billion buyback. Investors remained cautious about artificial intelligence expenditures, specifically citing a potential $750 billion computing expansion by Anthropic. In commodities, WTI crude fell 1.8% to $101.79 after Brent hit a five month high near $112 before settling at $108.79.
Tuesday, October 20, 2026
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Dow Hits One Month High on 530 Point Rally
US Markets3 hours ago
Healthcare and real estate shares drove a broad market recovery on Tuesday, helping the Dow Jones Industrial Average outpace the Nasdaq Composite. The Dow climbed 1.02%, led by a 5.8% jump in 3M after the company raised its profit forecast and expanded a data center agreement with Amazon. While the S&P 500 rose 0.28% with more than 400 firms advancing and the Russell 2000 jumped 1.65%, the Nasdaq slipped 0.02% as technology became the only sector to finish in the red.
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