The Economic Times News

Stock market today: Why S&P 500, Dow rebounds after 4-day slump, Nasdaq jumps 1.38% inflation eases and AI stocks rally, led by strong Micron earnings

S&P 500, Dow, Nasdaq today: US stock market surged on Thursday, breaking a four-day slump as investors celebrated lower-than-expected inflation figures and optimistic projections from chipmaker Micron Technology. The S&P 500 climbed, with the Nasdaq Composite leading the gains. This positive sentiment was further boosted by encouraging jobless claims data, signaling a robust economic outlook.