Positive results from AI have led to a significant increase in prices, while national interest rates exceed 5%. On September 29, 2026, workers were working on the NYSE in New York City, USA. Reuters/Jeenah Moon/File Photo NEW YORK/LONDON, October 21: The stock markets rose on Thursday, driven by the best performance of companies involved in AI, as national interest rates exceeded 5% for the first time since 2002 due to growing concern about economic expectations in the country. Last night, the Nasdaq index saw an increase greater than 1%, with Super Micro, a company specializing in hardware servers, experiencing a 9.5% rise after surpassing Wall Street's forecasts for revenue and net margin percentages.

SpaceX's stock has risen by 7.8% after Elon Musk said earlier that a merger between his two companies, SpaceX and Tesla, would be 'a good idea'. It is also the first company to register profits as a public entity. Its shares have fallen ahead of results for the third quarter, which investors are concerned about because of worries over AI trading. 'A large number of concerns we had in recent days that led the market lower were alleviated', Adam Sarhan, CEO of 50 Park Investments in New York, said. 'The results arrived mixed or improved compared to expectations', he added, considering this a relief.' Tech stocks fell significantly last week on fear that AI will end up being finished.

Moreover, national interest rates have been reduced following a recent high current, and expectations of rising interest rate increases have faded, it has said. The Dow Jones Industrial Average rose by 360.21 points or 0.69% to close at 52,856.09; while the S&P 500 gained 44.60 points or 0.58% to reach 7,757.17, and the Nasdaq Composite increased by 278.04 points or 1.05%, reaching 26,702.86 after market hours trading closed. Following the stock exchange transactions, Meta Platforms' share prices climbed after its owner raised the upper limit for their annual spending projections. Meta ended the working day's session with an increase of 0.5%. Tesla's shares also saw gains in post-market sessions as a result of unexpectedly good third-quarter profits.

The company concluded its working day with an increase of 3.4 percent. The MSCI World Index rose by 7.48 points, or 0.7 percent, reaching 1,137.88. The European Stoxx 600 index gained 0.92 percent. American treasury rates have fallen, with the yield on ten-year US Treasury notes losing 0.6 basis point to 5.111 percent. Markets have recently declined and bonds have risen as concerns about infrastructure taxes emerged. [P2] French President Emmanuel Macron has stated that he does not want a repetition of the violence caused during upcoming protests, and has refused to be considered 'foolish' or 'impossible'. Sources