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Wall Street Rallies as SpaceX Quarterly Results Boost AI Tech Sentiment

By HDFC SKY | Last Updated: Oct 22, 2026

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US markets rose as strong SpaceX results lifted tech sentiment, while mixed earnings from major firms drove volatility in futures. Bond yields were steady ahead of the Fed meeting, and crude hovered near $110 amid heightened Middle East tensions.

Asian markets weakened. In India, Nifty slipped but closed above key support at 22,800; support lies at 22,650 and resistance at 23,175, with the rupee extending gains.

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