US stock market today: Micron's blockbuster results spark chip-stock rally; Nasdaq futures surge 2.2%
New Delhi, June 25 -- US stock futures traded with solid gains in Thursday's trade, June 25, as blockbuster earnings from Micron Technology revived the technology-led rally, which had recently come under pressure amid valuation concerns.
Nasdaq 100 futures advanced 2.2%, while futures linked to the S&P 500 and Dow Jones Industrial Average rose 0.8% and 0.2%, respectively. In the previous session, all three benchmark indices closed in the green, snapping their two-day losing streak.
Micron's much-anticipated earnings offered signs that AI-led investments are generating healthy returns, helping ease valuation concerns. The stronger-than-expected numbers also revived the rally in chip stocks, with several names trading with double-digit ga...
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