Thu Dec 18 13:30:00 UTC 2025: Here’s a summary of the text, followed by a rewritten news article:

Summary:

US equity futures are up on Thursday after inflation data came in lower than expected, giving a boost to investor sentiment. The November CPI report showed a 2.7% annual inflation rate, below economists’ expectations. Micron Technology is surging after a strong earnings report and revenue forecast. While tech stocks recently experienced a downturn, they remain up significantly for the year. Other news includes Darden Restaurants reporting strong sales growth, Accenture beating earnings expectations, Coinbase launching new investment products, and an upgrade for Core Scientific by Citizens due to their high-performance computing infrastructure business.

News Article:

Stocks Surge as Inflation Eases; Micron Jumps on Strong Forecast

New York, NY – U.S. stock futures jumped Thursday morning as Wall Street digested surprisingly positive inflation data, suggesting a potential cooling of the economy. Futures tied to the S&P 500 rose 0.7%, while the Nasdaq 100 futures gained 1.3%. Dow Jones Industrial Average futures were up 188 points, or 0.4%.

The catalyst for the positive market sentiment was the long-awaited November Consumer Price Index (CPI) report, released after delays due to the recent government shutdown. The report showed an annual inflation rate of 2.7%, significantly lower than the 3.1% expected by economists surveyed by Dow Jones.

In company news, Micron Technology led the charge, surging 13% in premarket trading after exceeding Wall Street expectations for its fiscal first quarter and issuing a robust revenue forecast.

While the tech sector experienced some recent turbulence, triggered by concerns surrounding capital costs for data centers like Oracle’s, analysts maintain a positive outlook. Despite the recent dip, the technology sector is still up roughly 19% year-to-date.

“Some air is being let out of the balloon, but the overall market is hanging in all things considered,” noted Ryan Detrick, chief market strategist at Carson Group, highlighting the sector’s overall strength.

Other notable news includes:

  • Darden Restaurants: Reported strong sales growth driven by Olive Garden and LongHorn Steakhouse.
  • Accenture: Beat analyst expectations in its fiscal first quarter.
  • Coinbase: Expanding its platform with new investment products, including stocks and streamlined futures trading.
  • Core Scientific: Received an upgrade from Citizens due to the potential growth of its high-performance computing infrastructure business.

The market remains cautiously optimistic, closely monitoring economic data and company performance as it approaches the end of the year.

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