{"id":725277,"date":"2026-06-25T14:23:18","date_gmt":"2026-06-25T14:23:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/725277\/"},"modified":"2026-06-25T14:23:18","modified_gmt":"2026-06-25T14:23:18","slug":"stock-market-today-dow-sp-500-nasdaq-rise-as-micron-eases-ai-fears-pce-comes-in-hot","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/725277\/","title":{"rendered":"Stock market today: Dow, S&#038;P 500, Nasdaq rise as Micron eases AI fears, PCE comes in hot"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Tech stocks 8 on Thursday as blowout Micron (<a href=\"https:\/\/finance.yahoo.com\/quote\/MU\/\" target=\"_blank\" class=\"link\" data-ylk=\"slk:MU;elm:context_link;itc:0;sec:content-canvas;cpos:1;pos:1\" data-yga=\"{&quot;yLinkText&quot;:&quot;MU&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;1&quot;,&quot;yPosition&quot;:&quot;1&quot;}\" rel=\"nofollow noopener\">MU<\/a>) earnings helped boost sagging confidence in the AI trade and offset a fresh inflation report that showed prices rising again in May.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The tech-heavy Nasdaq Composite (<a href=\"https:\/\/finance.yahoo.com\/quote\/%5EIXIC\" target=\"_blank\" class=\"link\" data-ylk=\"slk:%5EIXIC;elm:context_link;itc:0;sec:content-canvas;cpos:2;pos:1\" data-yga=\"{&quot;yLinkText&quot;:&quot;^IXIC&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;2&quot;,&quot;yPosition&quot;:&quot;1&quot;}\" rel=\"nofollow noopener\">^IXIC<\/a>) shot up 0.9%, while the S&amp;P 500 (<a href=\"https:\/\/finance.yahoo.com\/quote\/%5EGSPC\" target=\"_blank\" class=\"link\" data-ylk=\"slk:%5EGSPC;elm:context_link;itc:0;sec:content-canvas;cpos:3;pos:1\" data-yga=\"{&quot;yLinkText&quot;:&quot;^GSPC&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;3&quot;,&quot;yPosition&quot;:&quot;1&quot;}\" rel=\"nofollow noopener\">^GSPC<\/a>) rose 0.8%, following <a href=\"https:\/\/finance.yahoo.com\/markets\/live\/stock-market-today-dow-rises-sp-500-and-nasdaq-slip-as-ai-jitters-return-ahead-of-micron-earnings-230105138.html\" target=\"_blank\" class=\"link\" data-ylk=\"slk:several%20tough%20days;elm:context_link;itc:0;sec:content-canvas;cpos:4;pos:1;_E:mb_qualified_link;ct:story;outcm:mb_qualified_link\" data-yga=\"{&quot;yLinkText&quot;:&quot;several tough days&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;4&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yContentType&quot;:&quot;story&quot;}\" rel=\"nofollow noopener\">several tough days<\/a> for Wall Street stocks. The Dow Jones Industrial Average (<a href=\"https:\/\/finance.yahoo.com\/quote\/%5EDJI\" target=\"_blank\" class=\"link\" data-ylk=\"slk:%5EDJI;elm:context_link;itc:0;sec:content-canvas;cpos:5;pos:1\" data-yga=\"{&quot;yLinkText&quot;:&quot;^DJI&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;5&quot;,&quot;yPosition&quot;:&quot;1&quot;}\" rel=\"nofollow noopener\">^DJI<\/a>), which includes fewer tech names, climbed 0.7%.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Micron&#8217;s <a href=\"https:\/\/finance.yahoo.com\/markets\/article\/microns-blowout-earnings-just-reset-the-ai-memory-trade-204039376.html\" target=\"_blank\" class=\"link\" data-ylk=\"slk:record-setting%20quarterly%20results;elm:context_link;itc:0;sec:content-canvas;cpos:6;pos:1;_E:mb_qualified_link;ct:story;outcm:mb_qualified_link\" data-yga=\"{&quot;yLinkText&quot;:&quot;record-setting quarterly results&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;6&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yContentType&quot;:&quot;story&quot;}\" rel=\"nofollow noopener\">record-setting quarterly results<\/a> relieved Wall Street jitters over lofty AI valuations and spending. Its shares rocketed more than 17% after the company&#8217;s sizeable earnings beat and stronger-than-expected outlook signaled healthy demand for its memory chips.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Meanwhile, Qualcomm (<a href=\"https:\/\/finance.yahoo.com\/quote\/QCOM\/\" target=\"_blank\" class=\"link\" data-ylk=\"slk:QCOM;elm:context_link;itc:0;sec:content-canvas;cpos:7;pos:1\" data-yga=\"{&quot;yLinkText&quot;:&quot;QCOM&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;7&quot;,&quot;yPosition&quot;:&quot;1&quot;}\" rel=\"nofollow noopener\">QCOM<\/a>) announced a <a href=\"https:\/\/finance.yahoo.com\/technology\/article\/qualcomm-jumps-as-it-looks-beyond-smartphones-to-cash-in-on-the-ai-boom-225301932.html\" target=\"_blank\" class=\"link\" data-ylk=\"slk:move%20beyond%20smartphones%20into%20data%20center;elm:context_link;itc:0;sec:content-canvas;cpos:8;pos:1;_E:mb_qualified_link;ct:story;outcm:mb_qualified_link\" data-yga=\"{&quot;yLinkText&quot;:&quot;move beyond smartphones into data center&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;8&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yContentType&quot;:&quot;story&quot;}\" rel=\"nofollow noopener\">move beyond smartphones into data center<\/a> products such as chips and servers, in a bid to cash in on the AI boom. Its stock rose about 10% after it set a target of $15 billion in related new revenue.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">In another lift to spirits, oil prices fell back to levels not seen since the Iran war as supply flooded back through the Strait of Hormuz. Brent crude futures (<a href=\"https:\/\/finance.yahoo.com\/quote\/BZ=F\/\" target=\"_blank\" class=\"link\" data-ylk=\"slk:BZ%3DF;elm:context_link;itc:0;sec:content-canvas;cpos:9;pos:1\" data-yga=\"{&quot;yLinkText&quot;:&quot;BZ=F&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;9&quot;,&quot;yPosition&quot;:&quot;1&quot;}\" rel=\"nofollow noopener\">BZ=F<\/a>) dropped slightly below $74 a barrel, while West Texas Intermediate futures (<a href=\"https:\/\/finance.yahoo.com\/quote\/CL=F\/\" target=\"_blank\" class=\"link\" data-ylk=\"slk:CL%3DF;elm:context_link;itc:0;sec:content-canvas;cpos:10;pos:1\" data-yga=\"{&quot;yLinkText&quot;:&quot;CL=F&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;10&quot;,&quot;yPosition&quot;:&quot;1&quot;}\" rel=\"nofollow noopener\">CL=F<\/a>) were at around $70.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Focus also shifted to the <a href=\"https:\/\/finance.yahoo.com\/economy\/policy\/article\/feds-preferred-inflation-measure-heated-up-in-may-keeping-talk-of-possible-rate-hike-in-play-124158491.html\" target=\"_blank\" class=\"link\" data-ylk=\"slk:latest%20release;elm:context_link;itc:0;sec:content-canvas;cpos:11;pos:1;_E:mb_qualified_link;ct:story;outcm:mb_qualified_link\" data-yga=\"{&quot;yLinkText&quot;:&quot;latest release&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;11&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yContentType&quot;:&quot;story&quot;}\" rel=\"nofollow noopener\">latest release<\/a> of the Personal Consumption Expenditures (PCE) Index, the Federal Reserve&#8217;s preferred measure of inflation, which showed prices heated up again in May amid the Iran war shock. PCE rose 4.1% in May, in line with expectations, and 0.4% month over month, slightly below expectations.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">That&#8217;s likely to keep the debate about an interest rate hike in play this year. The <a href=\"https:\/\/finance.yahoo.com\/economy\/policy\/article\/fed-dot-plot-almost-half-of-fomc-members-project-at-least-one-interest-rate-hike-this-year-183645064.html\" target=\"_blank\" class=\"link\" data-ylk=\"slk:chance%20of%20interest%20rate%20hikes;elm:context_link;itc:0;sec:content-canvas;cpos:12;pos:1;_E:mb_qualified_link;ct:story;outcm:mb_qualified_link\" data-yga=\"{&quot;yLinkText&quot;:&quot;chance of interest rate hikes&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;12&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yContentType&quot;:&quot;story&quot;}\" rel=\"nofollow noopener\">chance of interest rate hikes<\/a> this year has weighed on stocks, after consumer and wholesale prices for May came in hotter than expected.  <\/p>\n","protected":false},"excerpt":{"rendered":"Tech stocks 8 on Thursday as blowout Micron (MU) earnings helped boost sagging confidence in the AI trade&hellip;\n","protected":false},"author":2,"featured_media":725278,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[28,55210,14326,121,19532],"class_list":["post-725277","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-inflation-report","tag-micron","tag-nasdaq-composite","tag-tech-stocks"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/725277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=725277"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/725277\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/725278"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=725277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=725277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=725277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}