Stock Market Newsยท2025-09-11 18:07Market Overview - The U.S. stock market reached record highs on September 11, 2025, driven by favorable inflation data and expectations of a Federal Reserve interest rate cut [1][3] - Major indexes, including the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite, continued their upward trend, with the Dow surpassing 46,000 for the first time [2][10] Economic Indicators - The August Consumer Price Index (CPI) showed a year-over-year inflation rate of 2.9%, while core CPI remained steady at 3.1% [6] - Weekly jobless claims rose to 263,000, the highest in over two years, indicating a cooling labor market [6] Sector Performance - The technology and consumer discretionary sectors were significant contributors to market gains, with notable strength in artificial intelligence [4][5] - The energy sector demonstrated resilience, maintaining a strong allocation in leading ETFs [4] Corporate Highlights - Oracle (ORCL) experienced a profit-taking decline of approximately 3.6% after a significant surge of nearly 36% due to strong earnings and AI-related contracts [13] - Micron Technology (MU) surged approximately 8-9% following an increase in price target by Citi analysts, driven by demand for DRAM chips [13] - Tesla (TSLA) shares rose nearly 4%, while other major tech stocks like Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), and Alphabet (GOOGL) saw marginal increases [13] Upcoming Events - Investors are closely watching the Federal Reserve's policy meeting next week, where a 25-basis point interest rate cut is widely anticipated [6] - Micron Technology's fiscal 2025 fourth-quarter earnings report is due on September 23, with strong guidance expected [8]