Stocks Rise Before Micron’s Earnings as Oil Slides: Markets Wrap (opens original article in a new tab)

Stocks paused their decline amid AI spending concerns ahead of Micron's results, with oil prices falling and Wendy's shares surging.

• Stocks halted a decline driven by concerns over AI spending justification, with focus on Micron's earnings report.
• Oil prices fell as energy prices retreated, easing inflation concerns ahead of the Fed's key report.
• Wendy's shares jumped nearly 40% as the meme-stock crowd rallied behind the company.