Solid earnings and guidance from chip giant Micron initially sent its shares up sharply, while Wall Street awaits PCE price data this morning. Banks passed the Fed's stress test.
The Nasdaq climbed more than 2% early after Micron's earnings easily topped Wall Street's estimates, renewing optimism about the chip sector. PCE price data met expectations.
Stocks turned green after Tuesday's tech sell off, helped by lower oil and yields. The next major test is Micron's results after the close, followed by PCE prices data tomorrow.
A historical look at so-called "bitcoin halving cycles," digital asset performance, and the risks and limits investors should consider across the bitcoin cycle.
Earnings from memory maker Micron Technology are in the spotlight today amid a tech sell-off, but investors will also be looking ahead to PCE data after a hawkish Fed meeting.
After small caps gained and big tech eased to start the week, investors await more developments from peace talks and earnings later from FedEx. Micron results loom tomorrow.
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