U.S. stocks edged higher on Wednesday, with the S&P 500 up 0.4%, the Dow up 127 points (0.2%) and the Nasdaq up 1% as of 11:30 a.m. Eastern time, as strong profit reports from SpaceX, Capital One and others offset disappointing updates from Netflix and AT&T. SpaceX jumped 9.9% after reporting a stronger-than-expected summer profit and said it had taken a step to consider a possible merger with Tesla, whose shares rose 3.5% ahead of its quarterly results. Netflix fell 4.9% and AT&T dropped 6.3% despite beating profit estimates, as Netflix's revenue forecast and AT&T's earnings outlook fell short of some analysts' expectations. AI stocks were mixed: CoreWeave swung widely, while Nvidia gained 1.7% and Super Micro Computer rallied 8.8% after forecasting stronger summer revenue; the 10-year Treasury yield eased to 5.10% from 5.12%, and Brent crude rose 0.3% to $109.12 a barrel.
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Related tickers and likely impact
SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/20/2026 | 769.05 |
| Change that session | +0.34% |
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