Stocks rebound on inflation data and earnings report
U.S. stock markets rebounded following positive inflation data and strong earnings from Micron Technology, halting a four-day decline.
U.S. stocks end four-day decline
Inflation data better than expected
Micron Technology shares surge 11%
Jobless claims also lower than predicted
Oracle shares drop over 5%
Tech sector expected to grow 21%
U.S. stock markets reversed a four-day downturn on Thursday, driven by lower-than-expected inflation data and strong earnings from Micron Technology.
Positive inflation data boosts markets
The Dow Jones Industrial Average rose 412 points, or 0.9%. The S&P 500 increased by 1.3%, and the Nasdaq Composite gained 1.9%. The recent consumer price index report showed annual inflation at 2.7%, below the expected 3.1%.
This report was delayed due to the government shutdown, which also postponed the October inflation release. Economists may hesitate to interpret this as a consistent trend due to the lack of October data. However, stocks continued to gain momentum, supported by lower initial jobless claims.
Micron Technology leads market gains
Micron Technology was a top performer, increasing 11% after surpassing Wall Street earnings estimates and providing an optimistic revenue forecast. This has reignited interest in artificial intelligence-related stocks.
Analysts suggest that Micron’s success indicates strong future spending for the next 12-18 months, supporting continued investment in AI stocks despite recent market weakness.
Concerns affecting other tech stocks
The broader market faced challenges, particularly in tech stocks. Oracle fell over 5% after reports about its investor backing out of a major data center project, leading to declines in other semiconductor companies like Broadcom and Nvidia.
Despite the recent sell-off, the tech sector is projected to finish 2025 with a 21% increase, indicating overall long-term confidence.
Rachel Patel is a senior news editor and journalist specializing in political journalism and digital media. With over seven years of professional experience, she is recognized for her accuracy, source verification, and audience-focused reporting approach.
Rachel earned her M.S. in Journalism & Media Studies from Stanford University (2018), where she developed expertise in media ethics, political communication, and digital storytelling.
Her career has centered on bridging traditional political reporting with the fast-paced world of online journalism. She has contributed to major global media outlets, analyzing how digital platforms — from YouTube and Reddit to TikTok and Bluesky — shape political narratives, influence public opinion, and redefine news consumption.
Now based in Berlin, Germany, Rachel serves as a Senior News Editor at Faharas NET, leading coverage on digital politics, media literacy, and social communication trends in the modern information landscape.
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