Stocks Rise Pre-Market on Strong Micron Earnings; Focus Shifts to U.S. PCE Inflation Data
Pre-market trading saw a rally in stock futures driven by strong earnings and guidance from Micron Technology, which surged over 16%. Qualcomm also rose sharply after raising its long-term revenue target. Market attention is now shifting toward the upcoming release of the Federal Reserve's preferred inflation gauge.
Topics: futures rally Micron earnings Qualcomm guidance stock market