New York stock exchanges opened higher on Wednesday as investors awaited earnings from Meta Platforms and Tesla, both set to report after the bell. SpaceX shares rose as much as 10% in premarket trading after the company reported third-quarter revenue up 161% year over year. CEO Elon Musk said on the earnings call that committees have been set up to explore a potential merger of Tesla and SpaceX. The Dow Jones Industrial Average gained 0.38%, or 190 points, the Nasdaq 100 rose 0.80%, and the S&P 500 gained 0.29%. The euro fell 0.07% against the dollar, trading at 1.12297.
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Wall StreetS&P 500SpaceXmergers and acquisitions
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Related tickers and likely impact
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.
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