The tech-heavy Nasdaq rose as quarterly results from SpaceX and Super Micro Computer boosted appetite for AI-linked stocks, while Netflix fell after a forecast that failed to impress. SpaceX jumped 10.7% after Elon Musk called a merger with Tesla “a good idea”, while Tesla rose 3.7% and Super Micro jumped 12%. CoreWeave, at the centre of last week’s AI-stock selloff, was down 2.4%. At 9:54 am ET, the Dow Jones Industrial Average rose 0.17% to 52,586.74, the S&P 500 gained 0.23% to 7730.06 and the Nasdaq Composite rose 0.56% to 26,572.61. Brent crude traded near $US110 a barrel, and markets largely expect the Federal Reserve to hold rates steady.
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NasdaqSpaceXartificial intelligenceFed
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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 | 717.52 |
| Change that session | -0.12% |
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% |
NVDA
▲ Likely positiveNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/20/2026 | 216.48 |
| Change that session | -0.28% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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