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US Equity Markets End Higher as Tech Stocks Rise After Anthropic Files for IPO

US Equity Markets End Higher as Tech Stocks Rise After Anthropic Files for IPO

MT newswireMT newswire2026/10/26 20:23
04:23 PM EDT, 10/26/2026 (MT Newswires) -- US equity indexes ended higher Monday as technology stocks led a broad market rally after Anthropic announced its initial public offering. * Anthropic filed with the US Securities and Exchange Commission on Monday for an initial public offering of Class A common stock on the Nasdaq Global Select Market under the symbol "ANT." Anthropic could have a market capitalization of about $1.5 trillion, Reuters reported. Goldman Sachs (GS) and Morgan Stanley (MS) are the lead underwriters, according to the filing. * The Chicago Federal Reserve Bank's monthly National Activity Index improved to 0.07 in September from minus 0.08 in August, versus an expected worsening to minus 0.10 in a survey compiled by Bloomberg. * The Dallas Fed's monthly manufacturing index rose to 13.4 in October from 9.8 in September, versus the forecast for a decline to 8.8. * December West Texas Intermediate crude oil fell $1.63 to $101.64 per barrel, while December Brent crude, the global benchmark, was last seen down $1.16 at $115.56. * Latvia authorized Tesla's (TSLA) full self-driving (supervised) system, the company said Monday in a post on X. Tesla shares were up about 5.3%, among the top gainers on the Nasdaq. * Fair Isaac (FICO) shares were down roughly 13%, the biggest drop on the S&P 500, after the company said late Friday it will hold its wholesale mortgage price for the FICO Score through its tri-merge resellers at $10 for lenders and brokers registered in its Preferred Program.
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