Economic TimesLean R·
US stocks today: US stocks turn choppy as megacaps offset chip gains before Fed meet
In the US stock market, a mixed performance emerged as chipmakers like Micron Technology surged, buoyed by favorable reports from SK Hynix, while major tech players such as Tesla and Apple faced declines. Investors eye the Federal Reserve's imminent interest rate decision and important earnings announcements from Microsoft and Alphabet. The Nasdaq showed positive momentum this week, rising around 2%, reflecting growing optimism surrounding artificial intelligence.
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