OPEC+ set to agree another 550,000 bpd hike for September – Reuters

Elon Musk announced that he will gift one share to every child in the U.S. next year, sending SpaceX's stock price surging close to $150.

TradingKey - On October 19, Japanese and South Korean stock markets diverged. South Korean stocks rebounded following previous sharp declines, while Japanese equities continued to weaken. South Korea's KOSPI Index closed up 1.75% at 5,767.01, while Japan's Nikkei 225 Index fell 0.62% to end at 64,916.70.

TradingKey - On October 19, Japanese and South Korean stock markets came under renewed pressure in early trading. South Korean equities recovered some ground after opening lower, while losses in the Japanese market widened further. South Korea's KOSPI Index opened 3.17% lower at 5,488.41 points before narrowing its decline to 1.16% at 5,602.12 points. Japan's Nikkei 225 Index opened down 0.77% at 64,819.56 points and subsequently dropped 1.73% to 64,194.90 points.

TradingKey - In the coming week (October 19 to October 23), the US market will shift its focus from this week's inflation data to the third-quarter earnings season and economic growth data. US September CPI released this week rose 3.7% year-on-year, while PPI climbed 1.3% month-on-month, marking the largest single-month increase since March 2022. Meanwhile, September retail sales grew 0.8% month-on-month and 6.3% year-on-year, indicating that while inflationary pressures remain elevated, US consumer spending continues to demonstrate resilience.

TradingKey - Netflix (NFLX) will report its third-quarter 2026 financial results after the US market close on October 20. With the company's stock price currently hovering around $70 and investor sentiment turning noticeably cautious, this earnings report could serve as a critical turning point for its short-term trajectory.