U.S. stocks were little changed Wednesday morning, with the S&P 500 virtually flat, the Dow down 30 points (0.1%) and the Nasdaq up 0.4% as of 10:15 a.m. Eastern. SpaceX jumped 11.1% after reporting a stronger summer profit than expected, and Elon Musk said the company had taken a step toward considering a possible merger with Tesla, whose shares rose 3.3%. Capital One (+4.1%) and Winnebago (+7.2%) rose on profits above expectations, while Netflix and AT&T fell 4.2% and 5.6% despite beating profit forecasts on weaker growth outlooks. Among AI stocks, Super Micro surged 11.4% after lifting its revenue outlook while CoreWeave slipped 2.1%; the 10-year Treasury yield eased to 5.09% from 5.12%, and Brent crude rose 0.2% to $108.96 a barrel.
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Original headline: US stocks nudge higher as SpaceX , Tesla and Nvidia climb
Read the original on orlandosentinel.com ↗
Keywords
Wall StreetS&P 500NVDATSLASpaceX
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Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/20/2026 | 216.47 |
| Change that session | -0.29% |
TSLA
▲ Likely positiveTesla, Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/20/2026 | 373.71 |
| Change that session | +1.54% |
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/20/2026 | 717.63 |
| Change that session | -0.10% |
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: low
| 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
- US stocks nudge higher as SpaceX, Tesla and Nvidia climb
U.S. stocks drifted higher on Wednesday as strong profit reports from SpaceX and Capital One offset disappointing updates from Netflix and AT&T. As of 10:15 a.m. ET, the S&P 500 was virtually unchanged, the Dow was down 30 points (0.1%) and the Nasdaq rose 0.4%. SpaceX jumped 11.1% after posting a stronger-than-expected profit, and Elon Musk said the company had taken a step toward considering a possible merger with Tesla, whose shares rose 3.3%. Netflix fell 4.2% despite a stronger profit because its revenue forecast for the final quarter fell short, while AT&T dropped 5.6% on a growth outlook that missed expectations. The 10-year Treasury yield eased to 5.09% but remains far above its 3.97% level before the war with Iran, and Brent crude added 0.2% to $108.96 a barrel.
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Wall Street rose on Wednesday as SpaceX shares jumped sharply after its third-quarter report showed 161% revenue growth and a ninefold increase in its AI business. The S&P 500 gained 44.65 points (0.58%) to 7,757.22, the Dow Jones Industrial Average added 361.22 points (0.69%) to 52,857.10, and the NASDAQ Composite led with a 278.04-point (1.05%) gain to 26,702.86. The U.S. dollar slipped modestly against most major currencies in quiet trading. In Europe, Germany's DAX rose 1.35% to 25,645.04, while in Asia Hong Kong's Hang Seng fell 0.90% and Japan's Nikkei 225 rose 0.85% to 64,621.24.
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