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US Stock Market Close: S&P and Nasdaq hit new highs for three consecutive days, while Microsoft, Apple and Nvidia all hit historic highs.
Chip stocks such as Nvidia are collectively celebrating, with Taiwan Semiconductor up more than 4%, Broadcom up more than 2%, Applied Materials up more than 3%, and Micron Technology up more than 4%, all hitting historical highs.
Express News | In May, US CPI fell more than expected, with all three major US stock indexes opening higher, with the Dow up 0.91%, the Nasdaq up 0.91%, and the S&P 500 index up 0.85%. Oracle rose more than 8%, with the company stating on a conference call that it has r
Pre-market trading highlights | Core CPI in May falls to a three-year low, Oracle partners with Microsoft and OpenAI.
June 12th from Gelunhui: 1. The three major U.S. equity index futures rose, with the Nasdaq futures up about 1%, S&P 500 futures up 0.8%, and Dow futures up 0.7%. 2. European stock main indices collectively rose, with the German DAX index up 1.09%, the UK FTSE100 index up 1.06%, the French CAC index up 1%, and the STOXX Europe 50 index up 1.18%. 3. The seasonally adjusted core CPI annual rate for May in the United States recorded 3.4%, which is lower than the expected 3.5% level and is the lowest since April 2021. 4. The non-seasonally adjusted CPI annual rate for May in the United States recorded 3.3%.
Express News | Guggenheim has raised the target price for Oracle from $150 to $175.
Express News | Morgan Stanley has raised Oracle's target price from $115 to $125.
Express News | Bank of America raised its price target for Oracle from $144 to $155.
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