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[BUSINESS] · United States · 35 sources

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Wall Street indices close higher amid SpaceX and OpenAI news

US stock markets closed higher on Friday, October 9, 2026, with the Dow Jones Industrial Average rising 0.83% to 51,654.95, the S&P 500 gaining 0.59% to 7,811.54, and the Nasdaq Composite increasing 0.64% to 27,366.17. The rally was supported by technology stocks and optimism surrounding artificial intelligence, despite pressures from high Treasury yields and elevated oil prices.

In corporate news, SpaceX announced an agreement to acquire cellular spectrum licenses from Grain Management, a move aimed at positioning Starlink Mobile as a major US mobile provider. This announcement led to a surge in shares for companies like Crown Castle and American Tower, while traditional carriers such as AT&T, Verizon, and T-Mobile saw significant declines.

In the energy sector, President Donald Trump announced a deal with Russian President Vladimir Putin for Russia to supply thousands of tons of diesel to global markets after November, a development intended to mitigate supply concerns. Meanwhile, OpenAI provided updated revenue projections, suggesting annualized revenue could reach $70 billion by the end of the year, helping to stabilize technology shares after previous volatility.

Entities

Donald Trump · Elon Musk · Humana · OpenAI · SpaceX · Vladimir Putin · Wall Street

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Sources

US-Börsen legen zu - Goldpreis steigt deutlich [www.oldenburger-onlinezeitung.de]