Oil Slides on Mideast Hopes; Stocks Rebound After Friday's Selloff -- WSJ
Dow Jones2026/11/02 14:37By Joe Wallace
U.S. stocks are recovering after Friday's selloff, helped by a slide in oil prices.
Brent crude futures fell on signs that both the U.S. and Iran might be willing to engage in diplomacy, which could avert an escalation in the Middle East.
The selloff that led the Nasdaq to end last month with a 5.3% loss seems to have paused, at least for now.
Earnings from Apple after markets close could test the detente in artificial-intelligence jitters. In a busy week for markets, investors are also watching Tuesday's midterm elections in the U.S., which will determine which party controls Congress, and Friday's jobs report.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
November 02, 2026 09:37 ET (14:37 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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