Dow, CPI and NASDAQ
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Stock market today: Dow, S&P 500, Nasdaq rise as CPI inflation eases in November, Micron boosts tech
Stocks jumped following the latest reading on consumer inflation that could help set expectations for the path of interest rates.
Dow gains 0.44% while Nasdaq slips amid tech weakness. Investors watch Fed signals for potential rate cuts of 50 to 100 basis points. Oracle falls 4% after AI project loses funding. S&P 500 trades flat at 6,
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Stock market today: Dow rises ahead of CPI inflation data; AI stock Micron surges on earnings (live coverage)
The Dow rose 0.2% in premarket trading, as S&P 500 futures gained 0.4%. Futures on the tech-heavy Nasdaq 100 moved up 0.8%. Please watch the video at Investors.com - AI Leads Market Retreat; GE Vernova, Walmart, Dutch Bros In Focus
Stocks rebounded on Thursday after several days of losses.
Major stock indexes surged Thursday after delayed Consumer Price Index data came in better than expected, with the blue-chip Dow Jones Industrial Average and benchmark S&P 500 poised to end four-session losing streaks.
A day that featured the biggest initial public offering in four years also saw the Nasdaq Composite close sharply lower. The tech-heavy index slid 1.8%. The S&P 500 dropped 1.1%. The Dow Jones Industrial Average fell 230 points, or 0.5%. The S&P and Dow extended their respective losing streaks to four days.
US stocks fell as investors shifted away from AI stocks, with Oracle, Nvidia, and AMD taking significant hits amid financing concerns and broader market volatility. Insights into the AI profitability challenge and economic signals ahead.
The Dow Jones Industrial Average (DJI) is sporting a much more modest lead for 2025, but is still on track for its third consecutive year in the black. Contrary to what many may t