Nasdaq Composite closes 0.8 percent higher on Anthropic filing
Published on 10/26/2026 at 22:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAI filing and Fed week
- Nasdaq Composite closed at 26,169 points on October 26, up 214 points or 0.8 percent.
- Anthropic reported 16.3 billion in first-half revenue after spending 9 billion on AI infrastructure.
- Tesla led major Nasdaq movers, rising 5.2 percent after a Barclays upgrade.
- September durable goods orders are due October 27 at 8:30 a.m. ET, with a 1.4 percent consensus.
The Nasdaq Composite closed at 26,169 points on October 26, up 214 points or 0.8 percent. Anthropic's IPO filing revived demand for artificial-intelligence stocks as investors prepared for a Federal Reserve decision this week, Reuters reported.
Tesla led major Nasdaq movers, rising 5.2 percent after Barclays upgraded the stock, TradingKey reported. Since the midday level of 26,172 points at 12:46 p.m. ET, the index fell 3 points, or 0.01 percent.
Why is the Nasdaq Composite higher today?
Anthropic disclosed 16.3 billion in first-half revenue in its IPO filing. It also reported 9 billion in AI infrastructure spending for the period, according to Yahoo Finance.
The filing helped semiconductor shares recover after last week's technology selloff. The Nasdaq Composite snapped a two-session losing streak, while investors also focused on Wednesday's Federal Reserve policy decision and major technology earnings, Reuters reported.
Tesla leads Nasdaq Composite gains
Tesla rose 5.2 percent after Barclays raised its rating to overweight. The move followed the broker's view that a possible SpaceX combination and stronger core operations could support the stock, TradingKey reported.
The index reached an intraday high of 26,307 points and a low of 25,987 points. It remained 5.2 percent below its record close of 27,600 points set on October 6, according to Morningstar.
What comes next for Nasdaq Composite
- October 27, 2026, 8:30 a.m. ET: September durable goods orders are expected to rise 1.4 percent after a 0.07 percent decline in August, Morningstar reports.
- October 27, 2026, 10:00 a.m. ET: October consumer confidence is expected at 80.7, versus 81.9 in September, CNBC reports.
- October 27, 2026, 10:00 a.m. ET: September new home sales are forecast at 645,000, down from 684,000 in August, Morningstar reports.
Nasdaq Composite price data for October 26, 2026
The Nasdaq Composite closed at 26,169.38 points on October 26, up 214.04 points or 0.82 percent from 25,955.34 points, Nasdaq shows. The session high was 26,306.83 points and the low was 25,986.56 points.
Nasdaq Composite by the numbers on October 26, 2026
- Index: Nasdaq Composite
- Home exchange: Nasdaq, United States
- Close on October 26, 2026: 26,169 points
- Change versus previous close of October 23, 2026: up 214 points (up 0.8 percent)
- Previous close: 25,955 points
- Day high / day low: 26,307 points / 25,987 points
- Top gainer: Tesla up 5.2 percent
- Distance to record high: 5.2 percent (27,600 points on October 6, 2026)
- Next scheduled event: October 27, 2026, 8:30 a.m. ET: September durable goods orders
