Dow Jones rallies another 360 points but futures under pressure after Tesla, Meta results
CNBC-TV18 2 hrs ago·21 Oct 2026, 11:31 pm
The Dow Jones Industrial Average added about 360 points in regular trading, pushing the index higher despite a mixed earnings backdrop. Meta, Tesla and IBM released their quarterly results after the market closed on Wednesday, with Meta holding onto gains while Tesla and IBM fell 3.5‑4.5%, pulling down after‑hours sentiment.
The earnings moves matter because the three companies represent large‑cap tech and industrial exposure that can sway broader market momentum. A drop in Tesla and IBM weighed on futures, suggesting investors may be cautious ahead of the next session, even though the Dow closed in the green.
Investors will watch the next wave of earnings, especially from other tech giants, and any Fed or economic data releases that could influence market direction. Those signals will help gauge whether the Dow can keep its momentum or face further pressure.
Excerpt from CNBC-TV18
Published On Oct 22, 2026 | 05:01 IST Last Updated On Oct 22, 2026 | 05:01 IST Meta, Tesla and IBM, all reported results after market hours on Wednesday. While Meta is still holding on to gains in extended trading despite cooling from highs, Tesla and IBM shares are down between 3.5% to 4.5%, pressuring index futures…Read the original at CNBC-TV18
Key takeaways
- Category: Economy.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development and could move the stock. Use the price and stock snapshot to gauge how the market is responding.
