Global markets rallied on Monday as stronger-than-expected China data and lower oil prices revived risk appetite. Bitcoin traded near $82,500, Nasdaq futures rose more than 1%, Japan's Nikkei gained 1.8% and South Korea's Kospi 0.6%, rebounding from last week's AI-related tech losses. China's GDP grew 4.5% year on year in the third quarter, faster than 4.3% in the second quarter, and retail sales rose 1.1%, above the 0.5% expected. Oil fell on both sides of the Atlantic, gold was little changed near $4,180, and the Federal Reserve is expected to hold rates in the 4.75% to 5% range this month.
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Related tickers and likely impact
BTC/USDT
▲ Likely positiveBitcoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/18/2026 | 82,116.00 |
| Change that session | +0.77% |
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 709.82 |
| Change that session | -2.50% |
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 763.31 |
| Change that session | -1.10% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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