U.S. stocks rise as SpaceX spurs AI relief rally.
Context
What happened: U.S. stocks rose as strong earnings from Elon Musk's SpaceX eased concerns about AI business profitability, sparking gains for chip makers. The NYSE also said it plans to extend options trading hours.
Key numbers: NYSE plans options trading about two hours before the 9:30 a.m. ET open and 15 minutes after the 4 p.m. ET close. U.S.
Why it matters: The SpaceX results lifted chip makers by easing AI profitability worries. The NYSE faces competition, with Anthropic expected to list on the Nasdaq and the Texas Stock Exchange emerging as a threat.
Coverage: 3 outlets in 24h
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Oct 22, 2026 03:17 AM ET