Stocks Rebound On Cooling Inflation, Micron Rescues AI Stocks: This Week On Wall Street
Optimistic
39.9
The stock market ended a volatile week with gains, lifted by easing inflation and upbeat corporate results, even as rising unemployment and fragile consumer sentiment raised fresh doubts about the economy’s strength in the fourth quarter.
Major indexes regained footing by Friday, after stumbling early in the week amid tech-sector volatility and growth fears.
The catalyst was a softer-than-expected November inflation report and robust earnings from Micron Technology Inc. (NASDAQ:MU), which revived optimism around artificial intelligence investment.
Labor Market Cracks, Inflation Falls But Data Quality Is An Issue
The unemployment rate climbed to 4.6% in November, up from 4.4% in September, marking the highest level in over four years.
Job losses were concentrated in government roles, especi
Major indexes regained footing by Friday, after stumbling early in the week amid tech-sector volatility and growth fears.
The catalyst was a softer-than-expected November inflation report and robust earnings from Micron Technology Inc. (NASDAQ:MU), which revived optimism around artificial intelligence investment.
Labor Market Cracks, Inflation Falls But Data Quality Is An Issue
The unemployment rate climbed to 4.6% in November, up from 4.4% in September, marking the highest level in over four years.
Job losses were concentrated in government roles, especi
Pulse AI Analysis
Pulse analysis not available yet. Click "Get Pulse" above.
This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.
