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Stock Market Today: S&P 500 ekes out win as Micron slump weighs; inflation eyed

June 27, 2024

Investing
In other corporate news, earnings are due from the likes of Walgreens Boots Alliance (NASDAQ:WBA) and Nike (NYSE:NKE).
Bohdan Stone
GSK (NYSE:GSK) stock fell over 1% premarket after a U.S. public health agency narrowed its usage recommendation for all respiratory syncytial virus (RSV) vaccines and held off on recommending their...
Investing
However, sentiment has deteriorated Thursday following the release after hours from Micron Technology (NASDAQ:MU), a company often seen as an industry bellwether due to its...
Bohdan Stone
Micron’s quarterly earnings blew past market expectations, on strong demand from AI, but the in-line revenue guidance disappointed investors who were expecting more, especially given that Micron...
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Investing
That said, investors appear to be in something of a holding pattern ahead of key U.S. inflation data and the upcoming Presidential debate. Thursday sees the release of the...
Bohdan Stone
However, most eyes will be on Friday's PCE price index, as this is widely regarded as the Federal Reserve’s preferred inflation gauge.