Wall Street closes higher as energy and megacap tech offset crypto and chip weakness
Executive summary: U.S. equities finished higher, led by the Dow and S&P 500, while energy and several megacap names outperformed. The session also featured sharp pressure in Bitcoin and Ether, a softer tone in chip stocks, and a notable jump in Tesla. The mix points to a market still willing to buy large-cap leadership, even as risk appetite remains uneven across crypto, semiconductors, and smaller stocks. [Continue Reading]
360LiveNews Markets Intelligence | 08 Oct 2026 21:15 LONDON
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Wall Street closes higher as megacap tech, Tesla and chip stocks lead a broad risk-on session
Executive summary: U.S. equities finished sharply higher, with the Nasdaq Composite up +2.5% and the S&P 500 gaining +2.0% as investors rotated into technology and AI-linked names. Tesla surged +6.5%, Amazon rose +4.3%, and Nvidia added +4.0%, helping offset weakness in bitcoin, ether, crude oil and several metals. The move came alongside a softer tone in WTI crude and a stronger U.S. dollar versus the yen, while small caps lagged and defense shares slipped. [Continue Reading]
360LiveNews Markets Intelligence | 07 Oct 2026 21:15 LONDON
