Stock market closes higher, Micron, Levi Strauss earnings: Expert Analysis

Reported 9 months ago

All three major market averages closed in the green, with the Nasdaq Composite leading. Micron Technology exceeded Wall Street estimates in the third quarter, with adjusted EPS of $0.62 and revenue of $6.81 billion, while Levi Strauss posted second-quarter adjusted earnings per share of $0.16 below expectations. The market continues to focus on large-cap tech stocks, such as NVIDIA, Amazon, and Microsoft, despite concerns about breadth erosion. Overall, experts remain cautiously optimistic about market trends and potential future rallies, especially in July, during election years.

Source: YAHOO

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