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Most US stocks rise following strong profit reports from Equifax, Hasbro and other big companies

Most U.S. stocks rose on Tuesday, bolstered by strong quarterly earnings from major companies like Equifax, Hasbro, and 3M. The S&P 500 gained 0.3%, the Dow Jones Industrial Average surged 529 points (1%), while the Nasdaq composite slipped slightly by less than 0.1%.

How major US stock indexes fared Tuesday 10/20/2026

On October 20, 2026, major U.S. stock indexes showed mixed performance influenced by strong corporate earnings and fluctuating oil prices. The S&P 500 rose by 0.3% to 7,712.57, and the Dow Jones Industrial Average gained 1% to close at 52,495.88, bolstered by robust earnings from companies like Equifax and Hasbro.

The AI trade gets a reappraisal

Investors are scaling back funding in the AI sector, demanding clearer paths to profitability. This shift affects 'neocloud' companies and major tech firms like Amazon, Meta, and Alphabet, as chip stocks decline after the Nasdaq peak on October 6.