Macro Finance
Nasdaq 100 Climbs as SpaceX Results Fuel AI Trade: Markets Wrap
Bloomberg Markets·October 20, 2026·1 min read
The Nasdaq 100 climbed Wednesday as a blockbuster earnings report from SpaceX spurred a rally in technology stocks, easing concerns over whether a global investment spree in artificial intelligence can prove sustainable. The index's gains were led by AI-related shares, with investors betting on continued growth in the sector.
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