Back to News
Dec 18, 2025 4:00 PM

Trump Media Soars 34%, Tech Stocks Rally As Inflation Drops: What's Moving Markets Thursday?

Screens across Wall Street turned green Thursday as risk appetite snapped back after a cooler-than-expected inflation report revived hopes for rate cuts and a blowout earnings outlook from Micron Technology Inc. (NASDAQ:MU) eased AI bubble fears.

• Trump Media & Tech Groupr stock is among today’s top performers. What’s driving DJT stock higher?

The Consumer Price Index rose by 2.7% year-over-year in November 2025, cooling from the previous 3% and well below the expected 3.1%.

Meanwhile, core inflation, which excludes both food and energy items, slumped from 3% to 2.6% annually, marking the lowest reading since March 2021.

By 12:30 p.m. in New York, all major Wall Street indices were higher, with the tech-heavy Nasdaq 100 gaining a robust 2.2% after sinking 1.9% on Wednesday.

Micron Technology Inc. (NASDAQ:MU) rocketed 13% after beating estimates and issuing a bullish outlook tied to ...