Wall St Ends Higher as Tech Rally Continues, Led by Micron
Micron's record highs and Nvidia's chip export review fueled a tech-led rally lifting the S&P 500 by 0.9%, amid expectations of Fed rate cuts and seasonal strength.
- On Dec 19, Micron Technology reached a record closing high, ending the day up 7%, while U.S. stock markets rose as technology shares rebounded, offsetting tumbles in consumer stocks such as Nike.
- Megacaps extended gains from Thursday, when Micron Technology's strong forecasts re-ignited optimism around AI-related companies that had recently faced pressure over valuations.
- Major indexes rose, with the Dow Jones Industrial Average up 183.04 points, the S&P 500 gaining 0.88%, and the Nasdaq Composite rising 1.31%, while the NYSE showed 269 new highs and 72 new lows.
- Traders continued to bet on at least two 25-basis-point rate cuts next year, while analysts warned triple witching and options expiration could raise volatility.
- December's seasonal strength and regulatory moves, like a U.S. review of Nvidia chips and ByteDance's TikTok deal, shape megacap outlooks.
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Why Micron Stock Can Continue to Soar
Key PointsThe data center boom and the push toward agentic AI are giving Micron a tailwind unlike any it's ever experienced.As with Nvidia in recent years, strong customer demand is lifting profit margins beyond belief.10 stocks we like better than Micron Technology › It took computer memory company Micron Technology (NASDAQ: MU) 20 years to regain the highs it had achieved during the dot-com bubble at the turn of the century. But since finally …
US STOCKS-Wall St Ends Higher as Tech Rally Continues, Led by Micron
December 21, 2025: Mixed Week Ends Bullish For Tech Stocks
Last week, Dow Jones fell 0.7%, S&P 500 was flattish moving up 0.1%, Nasdaq composite gained 0.5%. The end of the week was markedly more bullish for tech stocks. SpaceX discussed potential IPO planning. Cerebras is reportedly preparing to re-file its IPO targeting Q2 2026. OpenAI is in early talks around a ~US$750 billion valuation, and potentially massive funding round. Databricks raised US$4 billion+ at a ~US$134 billion valuation. ByteDance o…
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- 43% of the sources are Center, 43% of the sources lean Right
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