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• Stock Market Closing Summary - Wednesday, November 19, 2025
  Market...

  Market Overview: The S&P 500 rose CNBC 0.38% to close at 6,642.16, while the Nasdaq Composite advanced 0.59% to settle at 22,564.23. The Dow Jones Industrial Average climbed 47 points, or 0.1%, to finish at 46,138.77. This marked a recovery from a four-day losing streak driven by concerns in the technology sector.

  
  

  Key Highlights:

  
  Tech Rebound: Alphabet rose about 3% and hit a new all-time high, rallying on optimism about its new generation of AI, Gemini 3, which it rolled out Tuesday. CNBC
  
  Nvidia Anticipation: Nvidia saw a roughly 3% boost ahead of its third-quarter results, scheduled for after the bell. CNBC The chipmaker is viewed as a critical barometer for AI sector performance.
  
  Crypto Decline: Bitcoin dropped below $90,000 and neared its lowest levels since April. Yahoo Finance
  
  Economic Data: Investors are awaiting the delayed September jobs report scheduled for Thursday, following disruptions caused by the government shutdown.
  
  
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• Saudi Arabia Directs H&P to Reactivate Seven Land Rigs
  Helmerich...

  Helmerich & Payne Inc. (H&P) will reactivate seven suspended land rigs in Saudi Arabia throughout the first half of 2026, the oilfield services company announced Nov. 17, citing improved market conditions in the Middle East.

  
  

  The rigs will be brought back online in stages, with each rig's contract extended by the length of its suspension period.

  
  

  The reactivations will boost H&P's Saudi Arabian fleet to 24 rigs by 2026, comprising eight of the company's FlexRigs and 16 rigs acquired through its purchase of KCA Deutag earlier this year.

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• ☕️What Else is Brewing Wednesday Morning
   Trump met MBS ahead of expected deals. President...
   Trump met MBS ahead of expected deals. President Trump hosted Saudi Crown Prince Mohammed bin Salman at the White House yesterday for a meeting that was supposed to be about deals between the US and Saudi Arabia, but Trump made headlines when he played down the 2018 murder of Washington Post journalist Jamal Khashoggi, whom US intelligence determined was killed at the behest of bin Salman. “Whether you like him or didn’t like him, things happen,” Trump said of the murder victim. The president also praised the crown prince’s human rights record, which Amnesty International has characterized as “an unprecedented crackdown on freedom of expression.” Today, Saudi Arabia is set to announce several deals with US companies, including Amazon and xAI, according to Semafor.
  
  Google released a new version of its Gemini chatbot, which it says gives more sophisticated answers, as the company looks to catch up to OpenAI.
  
  An hourslong internet outage that downed ChatGPT, Spotify, and X was the result of a single configuration file that accidentally got too big, Cloudflare said.
  
  Paramount, Comcast, and Netflix are preparing bids to buy all or parts of Warner Bros. Discovery, the New York Times reported.
  
  The Trump administration moved to further dismantle the Department of Education by directing other agencies to manage its programs.
  
  Intuit signed a $100 million deal with OpenAI that will allow its apps, like TurboTax, to be accessed through ChatGPT.
  
  Eminem is suing the Australian beach brand Swim Shady, alleging that it infringes on his trademarked alter ego, Slim Shady.
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• Dow, S&P 500 book 4th straight daily loss as tech-fueled market rout continues
  Losses on U.S. stocks intensified into the closing bell...

  Losses on U.S. stocks intensified into the closing bell Tuesday, with the S&P 500 and Dow Jones Industrial Average logging a fourth consecutive day of losses.

  
  

  Highflying megacap technology stocks came under more pressure ahead of Nvidia Corp's highly anticipated earnings report Wednesday after the market close.

  
  

  The Dow fell 498.50 points, or 1.1%, to end at 46,091.74, according to FactSet data. The blue-chip index has fallen for four consecutive trading days. It was the largest four-day point and percentage decline since April 21, according to Dow Jones Market Data.

  
  

  The S&P 500 shed 55.09 points, or 0.8%, ending at 6,617.32. The large-cap index also dropped for four straight sessions, booking its longest losing streak since Aug. 21.

  
  

  The Nasdaq Composite tumbled 275.23 points, or 1.2%, to finish at 22,432.85.

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• DAILY OIL PRICE: November 18, 2025
  Crude Oil: 60.74   (+0.83)....
  
  
  • Crude Oil: 60.74   (+0.83).
  
  
  • Nymex MTD AVG: 60.0622.
  
  
  • Natural Gas: 4.371   (+0.010).
  
  
  • Gasoline: 1.9993   (+0.0092).
  
  
  • Spreads: December/January (+0.07)     January/February (+0.24).
  
  
  • Plains WTI Posting: 57.22   (+0.83).
  
  

  
  Source: Odessa American
  
  
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