U.S. stocks closed higher on Wednesday, October 21, 2026, with technology shares leading the advance after SpaceX reported strong results, according to KBS 뉴스. The Nasdaq rose 1.1% on the session, the report said.
KBS 뉴스 attributed the tech-sector strength to SpaceX's earnings performance. Other Korean outlets carried similar accounts of the session, with Yonhap News also reporting a 1.1% gain for the Nasdaq tied to SpaceX's results.
The broader market moved up as well. YTN reported that the Dow Jones Industrial Average climbed about 1%, citing solid corporate earnings and a decline in oil prices as factors improving investor sentiment. Seoul Shinmun, in its market wrap-up, said U.S. indexes finished the day higher across the board as technology stocks rallied, with the Nasdaq gaining more than 1%.
Coverage also framed the session as a rebound for tech shares. Marketin described the move as technology stocks recovering despite worries about an AI bubble, with earnings providing the answer. KBS 뉴스's headline likewise tied the day's gains to SpaceX's results.
The reports did not include individual closing levels for the major indexes or details of SpaceX's figures. Watch for the next round of corporate earnings and whether technology shares can hold their gains as AI valuation concerns continue to be debated.