US stock futures fall, chipmakers sink as Micron underwhelms
Investing.com-- U.S. stock index futures fell in evening deals on Wednesday, with major chipmaking stocks retreated after memory chip major Micron offered a somewhat middling outlook on earnings.
Micron’s quarterly earnings also blew past market expectations, on strong demand from AI, while the chipmaker forecast a strong profit for the current quarter. Markets were also on edge before the first Presidential debate of the year, between Democrat and Republican front-runners Joe Biden and Donald Trump. The debate is set to take place on Thursday.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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