US stocks mostly rose: the S&P 500 gained 0.3% and the Dow Jones rose 1%, while the Nasdaq slipped less than 0.1% as Apple and Meta fell. Brent crude fell 0.8% to $108.70 a barrel after nearing $112 earlier in the session. Elon Musk said SpaceX and Tesla have formed special committees to explore a potential merger, after SpaceX posted third-quarter revenue up 161% to $14.58 billion, above the $12.72 billion analysts expected. Braze jumped 51.7% after Salesforce agreed to buy it for $47.50 in cash per share, while General Motors fell 6.8% despite a bigger-than-expected profit. The ASX was set to rise about 0.4% at the open after losing 0.3% on Tuesday.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on watoday.com.au ↗
Related tickers and likely impact
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/20/2026 | 769.01 |
| Change that session | +0.33% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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