S&P 500, Nasdaq Rally On Cool Inflation Report As These AI Leaders Bounce
Beaten down artificial intelligence stocks led a market advance Thursday, as the S&P 500 and the Nasdaq composite rebounded sharply following cooler-than-expected inflation data and strong earnings results from Micron Technology (MU). AI stocks like Nvidia (NVDA), Palantir Technologies (PLTR) and Tesla (TSLA) bounced. Blue chips on the Dow Jones Industrial Average rose 0.1%, or 65 points, while the S&P… ...