Asian shares and U.S. futures fell Thursday after a Wall Street rally driven by strong earnings from SpaceX, Capital One and other large companies. Tokyo's Nikkei 225 dropped 1.6% to 63,595.58, led by SoftBank Group (down 5.6%) and chip equipment makers, while South Korea's Kospi fell 2.6% to 5,586.89 as Samsung Electronics and SK Hynix lost ground. AI stocks came under pressure over worries that data center construction could slow as borrowing becomes more expensive. Hong Kong's Hang Seng shed 2.7%, and Australia's S&P/ASX 200 eased 0.3% to 8,803.20. On Wall Street Wednesday, the S&P 500 gained 0.6% and the Nasdaq rose 1.1%, while Netflix fell 5.3% despite a stronger profit; the 10-year Treasury yield held at 5.12%, and Brent crude rose 1.6% to $110.55 a barrel.
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Related tickers and likely impact
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/21/2026 | 725.21 |
| Change that session | +1.06% |
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/21/2026 | 773.13 |
| Change that session | +0.53% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Asian shares retreat after strong profits lead a rally on Wall Street
Asian shares and U.S. futures retreated on Thursday after a Wall Street rally driven by strong profit reports from SpaceX, Capital One Financial and other large companies. Tokyo's Nikkei 225 fell 1.6% to 63,595.58, with SoftBank Group down 5.6%, while South Korea's Kospi dropped 2.6% to 5,586.89 as memory chipmakers Samsung Electronics and SK Hynix led the losses. AI stocks came under pressure over worries that data center construction may slow as borrowing becomes more expensive. Hong Kong's Hang Seng lost 2.7% to 23,003.17, the Shanghai Composite slipped 0.9%, and Australia's S&P/ASX 200 declined 0.3% to 8,803.20. On Wall Street Wednesday, the S&P 500 rose 0.6%; SpaceX jumped 7.8% after its stronger-than-expected profit, and Elon Musk said it was considering a possible merger with Tesla, while Netflix fell 5.3% despite beating profit forecasts.
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World shares were mostly higher on Wednesday after a broad Wall Street rally. Germany's DAX rose 0.5% to 25,423.64 and Britain's FTSE 100 gained 0.1% to 10,743.65. In Asia, Seoul's Kospi jumped 3.3% and Tokyo's Nikkei 225 rose 0.9% after Japan's exports climbed 16.7% in September from a year earlier, while Hong Kong's Hang Seng and the Shanghai Composite fell. On Tuesday, the S&P 500 added 0.3% and the Dow rose 1%, helped by Equifax (up 11.3%) and Hasbro (up 11.2%), while General Motors sank 6.8% despite a bigger profit and a plan to buy back up to $20 billion of stock. Brent crude climbed 1.1% to $109.95 a barrel early Wednesday, while worries over AI stocks and high interest rates continued to weigh on markets.
- Asian shares retreat after strong profits lead a rally on Wall Street
- Asian shares retreat after strong profits lead a rally on Wall Street
- Asian shares retreat after strong profits lead a rally on Wall Street
Asian shares and U.S. futures fell Thursday after a Wall Street rally driven by strong profit reports from SpaceX and Capital One Financial. Japan's Nikkei 225 dropped 1.6% to 63,595.58 and South Korea's Kospi fell 2.6% to 5,586.89, with chipmakers Samsung Electronics and SK Hynix leading the losses. AI stocks came under pressure over concerns that data center construction could slow as borrowing costs rise. The previous day, the S&P 500 gained 0.6% and SpaceX jumped 7.8%, while Netflix fell 5.3% despite beating profit forecasts. Brent crude rose 1.6% to $110.55 a barrel, and the 10-year Treasury yield climbed to 5.12%.
- Asian shares retreat after strong profits lead a rally on Wall Street
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