Stock Futures Rise on Strong Earnings and Anticipated CPI Data
TL;DR Summary
U.S. stock futures rose significantly after lighter-than-expected inflation data and strong earnings from Micron Technology, which boosted optimism in the market. The CPI report showed a 2.7% inflation rate, lower than anticipated, and Micron's positive outlook helped rekindle interest in AI-related tech stocks. Despite recent declines, the overall market remains resilient, with tech stocks up for the year.
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- Stock market today: S&P 500, Nasdaq futures rise as Micron boosts tech after sell-off, CPI report looms Yahoo Finance
- Wall Street poised to take back some of Wednesday's AI-related losses after Micron's strong results LancasterOnline
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