Wall Street closes higher fueled by tech rally, soft inflation data
Published on: Dec. 19, 2025, 7:22 a.m. | Source: The Economic Times
Indian markets saw a positive trend on Thursday. Major US stock indexes closed higher. This was driven by lower-than-expected inflation figures. Hopes for interest rate cuts by the Federal Reserve increased. Chipmaker Micron's strong forecast also boosted sentiment. This indicated robust demand for AI technology. Consumer discretionary stocks and tech stocks performed well.
