Why Micron Stock Jumped Today

Micron (MU 4.74%) stock rose in Tuesday's trading. The memory technologies company's share price climbed 4.7% in the daily session. Meanwhile, the S&P 500 (^GSPC 1.11%) gained 1.1%, and the Nasdaq Composite (^IXIC 1.43%) climbed 1.4%.Micron's valuation got a boost today as macroeconomic and geopolitical developments pointed to a more favorable backdrop for investors. Excitement surrounding the company's quarterly report tomorrow may have also factored into the valuation move. Micron stock rises on more favo ...