Dow Gains Over 100 Points; AT&T Earnings Top Views

by | Oct 21, 2026 | General

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 100 points on Wednesday.

Following the market opening Wednesday, the Dow traded up 0.23% to 52,615.34 while the NASDAQ gained 0.63% to 26,592.31. The S&P 500 also rose, gaining, 0.29% to 7,735.08.

Leading and Lagging Sectors

Industrials shares jumped by 1% on Wednesday.

In trading on Wednesday, communication services stocks fell by 1.1%.

Top Headline

AT&T (NYSE:T) reported better-than-expected earnings for the third quarter and raised its FY2026 earnings forecast.

The company posted quarterly earnings of 65 cents per share which beat the analyst consensus estimate of 60 cents per share. The company reported quarterly sales of $32.322 billion which beat the analyst consensus estimate of $31.686 billion.

Equities Trading UP
           

  • Springview Holdings Ltd (NASDAQ:SPHL) shares shot up 124% to $5.45.
  • Shares of SHF Holdings Inc (NASDAQ:SHFS) got a boost, surging 66% to $0.15 after the company announced it regained an additional 180-day extension to regain Nasdaq compliance.
  • Robin Energy Ltd (NASDAQ:RBNE) shares were also up, gaining 51% to $0.60.

Equities Trading DOWN

  • Callan JMB Inc (NASDAQ:CJMB) shares dipped 32% to $0.45. The company recently announced formal approval of blueprints for the planned $16 million intravenous bag manufacturing and distribution facility at the Atlas Complex in Marion, Alabama.
  • Shares of Alpha Teknova Inc (NASDAQ:TKNO) were down 32% to $5.03 after the company reported preliminary third-quarter financial results. Also, the company announced the pricing of its $40 million offering of 8 million shares at $5.00 per share.
  • INLIF Ltd (NASDAQ:INLF) was down, falling 30% to $0.18. INLIF recently announced closing of $3.75 million registered direct offering.

Commodities 

In commodity news, oil traded down 0.6% to $97.20 while gold traded up 0.3% at $4,155.40.

Silver traded down 0.5% to $57.705 on Wednesday, while copper fell 0.9% to $6.5425.

Euro zone

European shares were higher today. The eurozone’s STOXX 600 rose 0.8%, while Spain’s IBEX 35 Index rose 0.9%, London’s FTSE 100 rose 0.3%, Germany’s DAX climbed 1.5%, while France’s CAC 40 gained 1%.

Asia Pacific Markets

Asian markets closed mostly lower on Wednesday, with Japan’s Nikkei 225 gaining 0.85%, Hong Kong’s Hang Seng index falling 0.90%, China’s SSE Composite Index dipping 0.60% and India’s BSE Sensex falling 0.19%.

Economics

U.S. mortgage applications tumbled 5.3% in the week ending Oct. 16, recording a seventh straight weekly decline.

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