Wall Street rises after an encouraging inflation update, as Micron helps AI stocks stop their slide [Globe and Mail, The (Toronto, Canada)]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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Source: Globe and Mail, The
A strong profit report from Micron Technology also helped AI stocks halt their sharp slides, at least for now. The S&P 500 rose 0.8% and is on track to break a four-day losing streak . The Dow Jones Industrial Average was up 97 points, or 0.2%, with less than an hour remaining in trading, and the strength for tech stocks had the Nasdaq composite up a market-leading 1.4%. Some relief came from a report showing that inflation was less bad last month than economists expected. That could soothe nerves at the Fed, which is responsible for keeping inflation low and for keeping the job market strong. Inflation is still higher than anyone would like, at 2.7% last month, but if it creeps closer to the Fed's target of 2%, Fed officials could feel more free to cut interest rates to help a slowing job market . Wall Street loves lower interest rates because they can boost the economy and prices for investments, even if they may also worsen inflation. To be sure, some along Wall Street said
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- Why Micron Stock Jumped Today [Yahoo! Finance]Yahoo! Finance
- Wall Street rises after an encouraging inflation update, as Micron helps AI stocks stop their slide [Los Angeles Times (CA)]Los Angeles Times
- How major US stock indexes fared Thursday, 12/18/2025 [Yahoo! Finance Canada]Yahoo! Finance Canada
- How major US stock indexes fared Thursday, 12/18/2025 [Yahoo! Finance]Yahoo! Finance
- Micron Technology (NASDAQ:MU) had its "outperform" rating reaffirmed by analysts at Itau BBA Securities.MarketBeat
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- 12/17/25 - Beat
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- 11/25/25 - Form ARS
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