Wall Street opened higher on Wednesday as quarterly results from SpaceX and Super Micro Computer boosted AI stocks, with the Dow up 0.30% to 52,652.85, the S&P 500 up 0.31% to 7,736.43 and the Nasdaq Composite up 0.67% to 26,601.73. Super Micro Computer surged 13.46% to $36.84 after raising its preliminary revenue outlook, SpaceX gained 8.04% to $159.66 after reporting its first profit as a public company, and Netflix fell 3.77% to $66.10 after a disappointing forecast. Elon Musk backed the strategic case for merging Tesla and SpaceX but warned a deal is far from certain, since two special committees must agree on terms and Tesla shareholders face a decisive vote; Wall Street analysts expect a merger by the end of 2027. In London, the FTSE 100 closed 0.2% higher at 10,753 points as energy and banking shares offset UK inflation rising to 3.5% in September, above the 3.4% forecast, which strengthened expectations of a Bank of England rate increase in November.
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Related tickers and likely impact
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/20/2026 | 717.63 |
| Change that session | -0.10% |
NVDA
▲ Likely positiveNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/20/2026 | 216.47 |
| Change that session | -0.29% |
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/20/2026 | 769.05 |
| Change that session | +0.34% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
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