The Nasdaq rises as SpaceX earnings revive AI stocks, as of 22:00 Cyprus. As flagged in this morning's analysis, overnight S&P 500 futures last printed about 7,778 and UK inflation was due at 09:00 Cyprus. Cash took Friday's 7,756.84 high and did not hold that overnight futures print. Those index prints are intraday. US cash remains open until 16:00 New York, which falls at 23:00 Cyprus today. This is the evening scorecard, not an instruction.
The Session: Nasdaq Leads While Cash Stays Open
The S&P 500 last printed about 7,769, up 0.7 percent from Tuesday's 7,712.57 (MarketScreener 7,768.65 at 14:20 New York). Range 7,709.34 to 7,768.65. Friday's 7,756.84 high was taken. The overnight futures print near 7,778 was not held in cash. October 6's 7,818.93 record close remains unrepaired. The session low at 7,709.34 dipped under Tuesday's close, then recovered. The Nasdaq Composite last printed about 26,752, up 1.2 percent (Yahoo Finance 26,752.07 at 13:55 New York). Range 26,507.07 to 26,778.90. The Dow last printed about 52,785, up 0.6 percent. South Korea's Kospi closed 5,735.66, up 3.29 percent, after a sidecar halt; Samsung Electronics rose 5.67 percent and SK hynix 5.81 percent (Yonhap). That Asia rebound played as this morning previewed. UK CPI printed 3.5 percent headline and 2.8 percent core, both a tenth above the 3.4 / 2.7 seen, and above the Bank of England's July 3.0 percent forecast (ONS, Reuters). S&P bullish trigger: a hold through Friday's 7,756.84 toward the October 6 7,818.93 record. Bearish trigger: a fade through Tuesday's 7,712.57, then Monday's 7,690.73.
- S&P ~7,769 (+0.7%), range 7,709.34-7,768.65, labeled intraday; Friday high 7,756.84 taken; overnight futures 7,778 not held in cash
- Nasdaq ~26,752 (+1.2%); Dow ~52,785 (+0.6%)
- Kospi closed 5,735.66 (+3.29%); UK CPI 3.5% / 2.8% vs 3.4% / 2.7% seen
- S&P bullish trigger: hold through 7,756.84 toward 7,818.93; bearish: 7,712.57, then 7,690.73
Story of the Day: SpaceX Earnings Revive AI Stocks
SpaceX reported third-quarter revenue of 14.6 billion dollars, up 161 percent, and net income of 4.4 billion against a year-earlier loss. Shares last printed about 7 percent higher (INDmoney 157.50, up 6.57 percent). Elon Musk said SpaceX and Tesla boards formed special committees to discuss a possible merger at the request of shareholders. Super Micro Computer jumped about 9 percent after a preliminary first-quarter fiscal 2027 revenue range of 18.5 to 19.5 billion dollars against about 15.23 billion seen. Netflix last printed about 4.3 percent lower near 65.74 dollars after fourth-quarter revenue guidance of about 13.4 billion sat below about 13.5 billion seen. Tesla last printed about 3.5 percent higher into the after-close report. Chip bullish trigger: a hold of Kospi 5,735.66 through Monday's 5,768.01. Bearish trigger: a fade through Tuesday's 5,552.74, then Tuesday's 5,493.24 low.
- SpaceX Q3 revenue $14.6B (+161%), net income $4.4B; shares about +7%
- Super Micro about +9% on a preliminary revenue beat; Tesla about +3.5% into the after-close print
- Netflix about -4.3% near $65.74 after Q4 revenue seen about $13.4B
- Chip bullish trigger: hold Kospi 5,735.66 through 5,768.01; bearish: 5,552.74, then 5,493.24
Crypto Check: Bitcoin Takes This Morning's Range High
Bitcoin last printed about 84,630 dollars (TradingView). Yahoo Finance sat at 84,585 and Fincast at 84,615 at 18:01 UTC, all under 1 percent apart. Session range about 82,430 to 84,838 (Barron's / MarketWatch). This morning last printed about 82,707 at the 21 EMA. Both the 82,700 21 EMA and the 84,400 range high were taken. Thursday's about 79,800 remains the floor. Ether last printed about 2,517 dollars versus this morning's about 2,447. Crypto's daily candle closes at 00:00 UTC, so these remain intraday. Live levels: homepage. BTC bullish trigger: a hold of the 84,400 range high. Bearish trigger: a slip through 82,700, then 80,400.
- Bitcoin about $84,630 vs this morning's about $82,707; range about $82,430-$84,838
- 21 EMA $82,700 taken; range high $84,400 taken; Thursday floor ~$79,800
- Ether about $2,517; prints labeled intraday
- BTC bullish trigger: hold $84,400; bearish: $82,700, then $80,400
After-Hours and Overnight Watch
US cash still has the last hour as of 22:00 Cyprus. Tesla, Meta, IBM and Texas Instruments report after the close at 23:00 Cyprus (20:00 UTC). Meta's call is at 23:30 Cyprus; Tesla's is at 00:30 Thursday Cyprus. The Treasury sold 13 billion dollars of 20-year bonds at a 5.469 percent high yield, a 0.9 basis-point tail, with a 2.73 bid-to-cover (Morningstar / Dow Jones). That stop is the highest since the 20-year was brought back in May 2020, and the highest print in that auction since January 1986. The 20-year yield was little changed after the stop, well under a 10 basis-point shock. The EIA reported a 3.1 million-barrel crude draw to 412.5 million barrels against about a 0.3 million-barrel decline seen. West Texas Intermediate last printed about 97.09 dollars, down from this morning's about 98.91. Gold last printed about 4,140 dollars, a drift under the 2 percent bar. Key support remains 4,100. The Fed remains in blackout through October 29 ahead of the October 27-28 FOMC. Docket: the calendar and the week ahead. Scenarios to watch.
- Tonight: Tesla, Meta, IBM and Texas Instruments after the close at 23:00 Cyprus (20:00 UTC)
- 20-year auction 5.469% high yield on $13 billion; mixed demand, yield little changed after the stop
- EIA crude -3.1mb to 412.5mb; WTI ~$97.09 vs this morning ~$98.91
- Fed blackout through October 29; FOMC October 27-28; gold support $4,100
For live prices see the ThriveInMarkets homepage. None of the above is a recommendation to buy or sell any asset. Index prints are intraday as of 18:35 UTC Wednesday, October 21, 2026. Gold, oil, Bitcoin and Ether are live as of 22:00 Cyprus.
