U.S. stock futures were up Tuesday night, with the Nasdaq-100 gaining 0.8% and the S&P 500 rising 0.3%. SpaceX shares jumped 8% after the company reported 161% revenue growth in the third quarter, while Elon Musk said SpaceX and Tesla have formed special committees to explore a merger. The Dow Jones Industrial Average advanced 530 points (1%) during regular trading, buoyed by 3M which gained more than 5% after raising its full-year profit guidance. Oil prices fell, with West Texas Intermediate crude slipping 1.8% and Brent crude losing 0.7%. Goldman Sachs expects earnings to support equities into year-end despite near-term volatility from AI concerns, Middle East tensions and midterm elections.
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