The Times Of India·2025-12-18 14:59Market Overview - The S&P 500 rose about 1%, ending a four-session losing streak, while the Dow Jones Industrial Average climbed over 350 points and the Nasdaq Composite gained around 1.4%, driven by technology and semiconductor shares [4][6] - Investor sentiment improved as US inflation slowed to 2.7% last month, below economists' expectations, raising hopes for continued interest rate cuts by the Federal Reserve next year [4][6] Company Performance - Micron Technology surged nearly 16% after reporting stronger-than-expected quarterly profit and revenue, with CEO Sanjay Mehrotra highlighting increased demand linked to artificial intelligence across its businesses, reinforcing its role as a key "AI enabler" [4][6] - Shares of Broadcom and Oracle rebounded after previous declines despite solid earnings, while Nvidia also saw a slight increase [5][6] - Trump Media & Technology Group experienced a sharp increase in shares following the announcement of an all-stock merger with TAE Technologies, marking its entry into the nuclear power sector [5][6] - Cintas advanced after reporting strong earnings and announcing a share buyback program [5][6] Global Market Trends - Global markets showed mixed results, with European stocks posting modest gains after the Bank of England cut interest rates and the European Central Bank maintained its policy [5][6] - Asian markets ended unevenly, reflecting varied investor sentiment across regions [5][6] Bond Market - US Treasury yields declined, with the 10-year yield falling to around 4.11%, indicating optimism following the inflation data [5][6]