American Market Recap: Open AI confirms it will launch ChatGPT Atlas, an AI-powered web browser

Tuesday, 21 Oct, 2025 News Open AI confirms it will launch ChatGPT Atlas, an AI-powered web browser OpenAI is that it is launching a web browser built around ChatGPT called ChatGPT Atlas. Shares of Alphabet are lower on the news with the price down -1.67% at $252.28 that is still well above the low News Wells Fargo CEO: Environment is almost perfect for consumer Wells Fargo CEO Charlie Scharf is speaking and is speaking positively about the economy. With data stalled due to the government shutdown, anecdotal comments are helpful: We see strength almost across Learn more News Trump: We will discuss a lot of things with China Pres. Xi in 2 weeks Pres Trump is saying: He will be discussing a lot of things with China Pres. Xi in two weeks. We are going to do well in that negotiations. China has played the "rare earth card" which is a concern to News US to buy 1 million barrels of oil for the SPR (strategic petroleum reserve) US is to buy 1 million barrels of oil for the SPR. This according to a report on Bloomberg. The US is buying oil for delivery in December 2025 January 2026. The price of oil spiked up to $58.08 on the Stock market update European indices close mostly higher on the day. Spain's Ibex the exception The major stock indices in Europe are closing mostly higher. The exception is Spain's Ibex which fell -0.39%. A snapshot of the changes for the day shows: German DAX, +0.29%. France's CAC +0.64% UK's News Ukraine's Zelenskyy: Russia is doing everything to reject a medical way to end the war Earlier today, it was announced that Russia's Putin and US Pres. Trump were not near getting together for a summit in Budapest in hopes of ending the Ukraine/Russia war. No timetable for a meeting was News EU Sefcovic: Held video call with Chinese. Invited authorities to Brussels in coming days EU trade commissioner Sefcovic had a video call with Chinese counterparts this morning : The scale of China's export control, scaled up since April, is unjustified and harmful We agreed to the intensi Technical Analysis USDJPY bounces off the 200 hour MA. Buyers remain in control. The USDJPY pair surged sharply today following the change in Japanese leadership, as new Prime Minister Takaichi took office and signaled a policy stance the market interpreted as favoring continued m Learn more News Putin/Trump meeting in Budapest put on hold The hopes for a Trump/Putin meeting in Budapest is "on hold". The meeting with Rubio and Russia's Lavrov was "productive" but POTUS believes both sides aren't ready enough to talk to justify moving fo

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