Live Feeds
● LIVE Updated 26d ago · 23 sources tracked

Stock market today: Dow, S&P 500, Nasdaq rise as Micron eases AI fears, PCE comes in hot

US stock futures for the Dow, S&P 500, and Nasdaq rose following strong results from Micron. The chipmaker reported a 346% jump in sales, reigniting investor confidence in the AI trade. These gains occurred alongside the release of PCE inflation data that hit a 3-year high.

RSS Source map (16)

What changed

Micron's record fiscal third-quarter results lifted chip stocks and offset AI-related jitters.

Live updates

  1. Dow, S&P 500, and Nasdaq Rise as Micron Results Ease AI Concerns

    US stock futures for the Dow, S&P 500, and Nasdaq rose following strong results from Micron. The chipmaker reported a 346% jump in sales, reigniting investor confidence in the AI trade. These gains occurred alongside the release of PCE inflation data that hit a 3-year high.

    What's confirmed:

    • Micron reported a 346% sales jump.
    • Micron reported record fiscal third-quarter results.
    • Futures for the Dow, S&P 500, and Nasdaq rose as Micron eased AI fears.
    • PCE inflation data hit a 3-year high.

    Still unconfirmed:

    • Micron's market value has overtaken Meta.
    • Oil prices plunged to levels not seen since the start of the US-Iran war.
    confidence 90%