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Wall Street drifts after tech stocks keep swinging
The U.S. stock market showed mixed trading as technology stocks remained volatile, with the S&P 500 nearly flat after recovering from an early loss. AI-driven companies like Super Micro Computer and Micron Technology experienced significant price swings, while semiconductor-related stocks such as KLA and Applied Materials rose sharply. A U.S. inflation report, which met forecasts but eased Treasury yields slightly, influenced market movements.
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Adjacent reporting
- Asian shares are mixed as tech stocks rebound from sell-offs, while oil prices slip
- Asian shares are mixed as tech stocks rebound from sell-offs, while oil prices slip
- More drops for tech stocks weigh on Wall Street
- Asian shares are mixed as tech stocks rebound from sell-offs, while oil prices slip
- World shares mostly advance as tech stocks rebound from sell-offs, while oil prices slip
- European Stocks Near Record as Tech Rallies, Oil Prices Ease