Stocks Rise on Tech Gains and Positive Economic Reports.
TL;DR Summary
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures, with attention turning to the Federal Reserve's favorite inflation report, the PCE price index. The stock market rally extended Wednesday's strong gains with modest gains. The Nasdaq closed above 12,000 while the big-cap Nasdaq 100 hit a seven-month high. The IRS on Friday could limit U.S. tax credits for the entry-level Tesla Model 3. Aehr Test Systems headlined earnings after the close.
Topics:business#aehr-test-systems#finance#irs-tax-credits#pce-inflation-report#stock-market-rally#tesla
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