Update: Equities Rise Intraday Following Upbeat Earnings Reports

01:34 PM EDT, 10/20/2026 (MT Newswires) -- (Updates with latest market prices and developments.) US benchmark equity indexes rose intraday supported by solid earnings, while traders looked ahead to quarterly results from SpaceX (SPCX) and Netflix (NFLX). The Dow Jones Industrial Average was up 0.9% at 52,437.8 after midday Tuesday, while the S&P 500 advanced 0.3% to 7,714.1. The Nasdaq Composite edged up 0.1% to 26,458.5. Among sectors, healthcare paced the gainers, while communication services led the laggards. Shares of 3M jumped 6% intraday, the best performer on the Dow and among the top gainers on the S&P 500. The industrial conglomerate raised its full-year earnings outlook as its third-quarter bottom line topped market estimates. Hasbro (HAS) upgraded its full-year sales outlook after third-quarter results topped Wall Street's expectations, boosted by rising demand for its gaming portfolio. The toymaker's shares climbed 8.1%, the second-biggest gain on the S&P 500. Northrop Grumman (NOC) rose 5.1%, also among the big winners on S&P 500, after the defense contractor upgraded its full-year profit outlook. General Motors (GM) slumped 8.2%, the worst performer on the S&P 500. The Detroit automaker's updated 2026 profit guidance fell short of Wall Street's projections at the midpoint, overshadowing a third-quarter beat. Among healthcare stocks, Moderna (MRNA) was up 5.8% intraday, among the notable gains on the S&P 500. UnitedHealth (UNH), Merck (MRK), Amgen (AMGN) and Johnson & Johnson (JNJ) also logged increases. Rocket and satellite company SpaceX and streaming giant Netflix are scheduled to release their latest results after the market close Tuesday. In a Monday client note, RBC Capital Markets said it expected SpaceX to continue sharing "ambitious" business updates with its financial results amid increasing investor interest around a potential merger with Tesla (TSLA). Last week, Wedbush Securities said streaming giant Netflix is making significant changes to address slowing viewer engagement and revive growth, though the benefits may take time to materialize. Treasury yields were mixed intraday, with the two-year rate gaining 3.4 basis points to 4.8% while the 10-year was little changed at 5.13%. In economic news, US housing starts dropped to a four-month low in September amid declines in both single and multi-family units, while permits continued to trend downwards. West Texas Intermediate crude oil edged up 0.3% to $103.98 a barrel intraday, while Brent dropped 0.6% to $108.90. Yemen's Iran-aligned Houthi rebels said Monday they launched several strikes at Saudi Arabia, targeting the Kingdom's energy, airport and military infrastructure, Reuters reported. Saudi authorities didn't immediately confirm the Houthi claims, the report showed. Spot gold lost 0.3% to $4,127.46 per troy ounce, while silver gained 1.2% to $57.94 per ounce.