Dow Rises While S&P 500 and Nasdaq Slip Amid AI Concerns Ahead of Micron Earnings
The U.S. stock market saw mixed performance on Wednesday, with the Dow Jones Industrial Average rising by 0.3% while the tech-heavy Nasdaq Composite fell 0.4%. Oil prices dropped to levels not seen since early March due to uncertainty around US-Iran talks and discussions over tolls in the Strait of Hormuz. Investors are also reacting to concerns about AI stock valuations, with Micron's upcoming earnings report drawing particular attention.
Tickers: $MU
Topics: AI stocks Dow Jones Micron earnings Nasdaq Composite oil prices S&P 500