● LIVE
Updated 1h ago
· 28 sources tracked
Stock Market Today: Nasdaq Stumbles Despite Micron Blockbuster Earnings; Wendy's in Focus
The Dow Jones index rose while the Nasdaq and S&P 500 slipped. Micron shares soared following a blowout earnings report, though Apple's decline dragged Big Tech lower. Investors are also reacting to a hot personal consumption expenditures price index reading.
What changed
Market focus shifted to the contrast between Micron's earnings surge and Apple's stock slump.
Live updates
-
US Markets Mixed as Micron Surges and Apple Slumps
confidence 90%The Dow Jones index rose while the Nasdaq and S&P 500 slipped. Micron shares soared following a blowout earnings report, though Apple's decline dragged Big Tech lower. Investors are also reacting to a hot personal consumption expenditures price index reading.
What's confirmed:
- Micron shares surged following a blowout earnings report.
- Apple stock slumped and dragged Big Tech lower.
- The Dow Jones index rose while the Nasdaq and S&P 500 declined.
- The Fed's preferred inflation gauge, the personal consumption expenditures price index, came in hot.
- The personal consumption expenditures price index reading was released at 8:30 a.m. ET on Thursday.
Still unconfirmed:
- The Nasdaq has posted a four-day losing run.