SPCX +7.8% Leads Market as S&P 500 Reaches 7,757

Transcript

SPCX jumped 7.79% today, its biggest one-day move in 30 sessions. In our top stock story, Space Exploration Technologies closed at $159.31 following reports that SpaceX and Tesla boards are reviewing a potential merger. Wall Street finished the Wednesday session firmly in positive territory across all three major benchmarks. The S&P 500 closed up 0.58% at 7,757. The Dow Jones Industrial Average finished 0.69% higher at 52,856 points. Leading the gains, the Nasdaq Composite rose 1.05% to finish at 26,703. Turning to the crypto markets, major digital assets posted solid advances over the past 24 hours. Bitcoin is trading at $84,682, marking an increase of 2.4%. Ethereum climbed 2.16% over the same period to stand at $2,495. In foreign exchange, currency pairs remained steady across the board today. The euro finished flat against the US dollar at 1.1226. The dollar was also unchanged against the Japanese yen, sitting at 158.22. In commodities, energy prices paused while precious metals saw modest upside today. West Texas Intermediate crude oil slipped 0.04% to $97.78 a barrel. Gold finished higher by 0.21%, closing out the session at $4,151 per ounce. In fixed income, government debt yields climbed across the curve. The US 10-year Treasury yield rose 3 basis points to finish at 5.15%. On the economic data front, official headline CPI inflation stood at 3.72% as of September first, 2026. Looking ahead to tomorrow, corporate earnings will drive early trading interest before the bell rings. Procter & Gamble, Union Pacific, Blackstone, Spotify, and Lockheed Martin are all scheduled to report results before the open. Western Digital and Newmont will report their quarterly numbers after the closing bell. That's Market Close on rawfin.tv. Information, not investment advice.