Stock Market Today, June 25: Micron Surges, Apple Falls, and Inflation Data Weig

Extending industrial strength from the previous session, the Dow Jones Industrial Average (DJINDICES:^DJI) rose 0.14% to 51,920.62. The S&P 500 (SNPINDEX:^GSPC)

Stock Market Today, June 25: Micron Surges, Apple Falls, and Inflation Data Weig
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Extending industrial strength from the previous session, the Dow Jones Industrial Average (DJINDICES:^DJI) rose 0.14% to 51,920.62. The S&P 500 (SNPINDEX:^GSPC) slipped 0.01% to 7,357.49, and the Nasdaq Composite (NASDAQINDEX:^IXIC) fell 0.46% to 25,358.60 as fresh inflation data weighed on broader sentiment.

Gold prices rose 0.87% to $4,043.50 as of U.S. market close, and the 10-Year Treasury yield fell 0.01% to 4.39%. Industrials and healthcare led sectors, gaining 2.19% and 1.49% respectively, while communications slid 1.01%, and technology stocks fell 0.09%.

Micron Technology shares surged 16% today, and memory stocks gained, as artificial intelligence (AI) chip demand shows no sign of slowing. Caterpillar increased 6%, taking it to a record high of $1,047.33 following a landmark power deal this week. Conversely, Apple tumbled over 6% after hiking MacBook and iPad prices. Palantir Technologies fell more than 5% to a 52-week low as inflation data pressured growth-oriented software names.

The Personal Consumption Expenditures (PCE) index hit a three-year high of 4.1% in May, up from 3.8% in April. Although it was in line with expectations, it reinforces the strong likelihood t

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/stock-market-today-june-25-212434350.html)

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