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Stocks Rise as Micron's Improved Forecast Gives Tech a Boost
Stocks turned higher Wednesday after Micron Technology boosted its earnings forecast and lifted shares of fellow chipmakers. Stocks finished higher Tuesday and the S&P 500 crossed 3,000 intraday for the first time since early March as investors embraced moves by economies across the globe to ease coronavirus lockdowns and welcomed signs of progress toward a Covid-19 vaccine. "We expect further volatility as the economy starts to reopen," said Andrew Smith, chief investment strategist of Delos Capital Advisors of Dallas.
https://finance.yahoo.com/m/6477960...f0977c/stocks-rise-as-micron's.html?.tsrc=rss
Stocks turned higher Wednesday after Micron Technology boosted its earnings forecast and lifted shares of fellow chipmakers. Stocks finished higher Tuesday and the S&P 500 crossed 3,000 intraday for the first time since early March as investors embraced moves by economies across the globe to ease coronavirus lockdowns and welcomed signs of progress toward a Covid-19 vaccine. "We expect further volatility as the economy starts to reopen," said Andrew Smith, chief investment strategist of Delos Capital Advisors of Dallas.
https://finance.yahoo.com/m/6477960...f0977c/stocks-rise-as-micron's.html?.tsrc=rss
