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AI Trading Enthusiasm Returns, US Stock Pre-Market Tech Shares Rise, Micron Up Over 1%, International Oil Prices Climb, Spot Gold Edges Down

The return of AI trading enthusiasm, coupled with cooling US inflation, has lowered market expectations for a Fed rate hike in September. Most large-cap tech stocks are up…

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The return of AI trading enthusiasm, coupled with cooling US inflation, has lowered market expectations for a Fed rate hike in September. Most large-cap tech stocks are up in pre-market trading, with Micron Technology up 1%, SpaceX up 0.5%, Tesla up 0.3%, Amazon and Alphabet A up 0.1%, Nvidia and Apple flat, Meta and Microsoft down 0.1%, and SK Hynix down 0.4%.

Original: https://wallstreetcn.com/articles/3779437

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