Premarket, SpaceX surged approximately 10.4% after reporting stronger-than-expected quarterly earnings, while Super Micro Computer jumped 12.4% after raising its revenue outlook. Conversely, Netflix declined approximately 6.4% following disappointing fourth-quarter guidance, while Capital One gained 3.4% after beating earnings expectations. Today's major earnings include Tesla, Meta Platforms, IBM, Texas Instruments and Lam Research, with particular attention on AI capital expenditures, profit margins and forward guidance. The economic calendar features MBA Mortgage Applications at 7:00 AM ET, Atlanta Fed Business Inflation Expectations at 10:00 AM ET, EIA crude oil inventories at 10:30 AM ET, and a $13 billion 20-year Treasury auction at 1:00 PM ET. The 10-year Treasury yield stands near 5.12%, while markets price approximately an 85% probability of unchanged interest rates at the October 27–28 Federal Reserve meeting. AI-sector momentum, major technology earnings, oil prices near $110, Treasury yields and Fed expectations remain today's primary market catalysts. 21-OCT-2026 06:55 AM ET