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Stockreport

Wall Street rises after an encouraging inflation update, as Micron helps AI stocks stop their slide [Los Angeles Times (CA)]

Micron Technology, Inc. (MU)  More Company Research Source: Los Angeles Times
Last micron technology, inc. earnings: 3/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
A strong profit report from Micron Technology also helped AI stocks halt their sharp slides, at least for now. The S&P 500 climbed 0.8% and broke a four-day losing streak. The Dow Jones Industrial Average added 65 points, or 0.1%, and the strength for tech stocks sent 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 freer to cut interest rates to help a slowing job market. Wall Street loves lower 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 Thursday's inflation update may not move the needle much at the Fed giv [Read more]
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Stockreport

Wall Street rises after an encouraging inflation update, as Micron helps AI stocks stop their slide [Los Angeles Times (CA)]

Micron Technology, Inc.  (MU) 
More Company Research Source: Los Angeles Times
Last micron technology, inc. earnings: 3/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
A strong profit report from Micron Technology also helped AI stocks halt their sharp slides, at least for now. The S&P 500 climbed 0.8% and broke a four-day losing streak. The Dow Jones Industrial Average added 65 points, or 0.1%, and the strength for tech stocks sent 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 freer to cut interest rates to help a slowing job market. Wall Street loves lower 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 Thursday's inflation update may not move the needle much at the Fed giv [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MU
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS