neutral
Recently
US Tech Stocks Surge on AI Demand Forecast
Nasdaq rose over 1%, driven by Micron’s AI demand forecast, as soft inflation data fueled hopes of a Fed rate cut.
US stock indices closed higher following favorable inflation data, with the Nasdaq gaining over 1%. Micron's AI demand forecast spurred optimism. Consumer discretionary and tech stocks led the rally, while market expectations for a Fed rate cut increased.