Wall Street Closes Higher as Tech Leads: Nasdaq Gains 1.05% on SpaceX Profit and Super Micro Guidance
U.S. stocks closed higher on October 21, led by technology shares. According to Dow Jones Market Data, the Nasdaq Composite rose 278.04 points, or 1.05%, to 26,702.86; the S&P 500 gained 44.60 points, or 0.58%, to 7,757.17; the Dow Jones Industrial Average added 360.21 points, or 0.69%, to 52,856.09; and the Russell 2000 rose 0.27% to 2,781.02. The Nasdaq Composite remains about 3.25% below its record close of 27,599.79 set on October 6.
Information technology led the S&P 500 sectors with a 1.67% gain. Reuters reported that SpaceX's first profitable report as a public company and Super Micro Computer's raised quarterly revenue and margin forecasts revived confidence in demand for SI infrastructure: SpaceX shares rose 7.79% to $159.31 and Super Micro jumped 9.55% to $35.57. Communication services fell 1.11%, with AT&T down 6.45% and Netflix down 5.31%.
Elsewhere, the VIX fell 3.64% to 16.68, the 10-year Treasury yield rose about three basis points to roughly 5.146%, and December WTI crude eased 0.11% to $97.71 a barrel. After the close, earnings from companies including Meta and Tesla became the market's next focus.
Published by GSM · USA (original Chinese edition)
Photo: New York 证券交易所大楼，Arild Vågen 摄，CC BY-SA 4.0，Wikimedia Commons
