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Economic Times
Dow Jones Today | US Stock Market Live: Investors remained focused on the Middle East after US and Iranian officials gave differing accounts of progress on key issues such as financial relief for...
Dow Jones Today | US Stock Market Live: Investors remained focused on the Middle East after US and Iranian officials gave differing accounts of progress on key issues such as financial relief for Iran, control of the Strait of Hormuz and Israel's military campaign in Lebanon.
Memory chipmakers bounced back in premarket trading on Wednesday, with Micron Technology and SanDisk rising after a sharp selloff that helped erase more than $1 trillion in value from the Nasdaq 100 over the past two sessions. Investors are closely watching Micron's earnings due after the bell for clues on AI-related demand, following renewed concerns over heavy debt-funded spending by hyperscalers and expectations of a more hawkish Federal Reserve.
US stock futures were mixed on Wednesday, with the S&P 500 and Nasdaq edging higher after two sessions of sharp losses as investors returned to beaten-down technology stocks ahead of Micron Technology's quarterly results. Nasdaq 100 futures rose 0.55% and S&P 500 futures gained 0.21%, while Dow futures slipped 0.1%, as traders looked for fresh clues on the outlook for AI-driven demand and corporate spending.