AP
Financial Markets Wall Street
A general view shows the floor of the New York Stock Exchange, Friday, Oct. 16, 2026, in New York.
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The U.S. stock market is ticking higher as strong profit reports from SpaceX, Capital One Financial and other big companies offset updates from Netflix and AT&T that investors found disappointing. The S&P 500 rose 0.6% Wednesday. The Dow Jones Industrial Average added 205 points, and the Nasdaq composite climbed 1.2%. A much better profit report from SpaceX than analysts expected helped lift several other AI-related stocks, along with Elon Musk's other company, Tesla. That made up for losses by Netflix and other stocks hurt by worries about upcoming growth. Treasury yields eased in the bond market as oil prices continue to swing.
