Declining Inflation in the US - Tech Stocks Rise - Micron Exceeds Expectations - DAX Friendly - Elliott Management Invests Over $1 Billion in Lululemon - DoorDash Launches AI-Based Restaurant Discovery Platform
Reading Time: 8 minutes
Inflation cools off – tech drives markets - Micron sees huge demand Unexpectedly weak US inflation data provides a tailwind for financial markets. Consumer prices are rising in November at their slowest pace since 2021, supporting both stocks and bonds. The S&P 500 ends its recent losing streak, led by technology stocks, while falling US yields increase risk appetite. Particularly in demand are tech stocks after Micron (+10.85%) impresses with a strong outlook. Interest rate hopes revive bonds and the USD With the cooling of inflation,...
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