From Investing.com: 2024-06-27 09:47:08

U.S. stocks traded mixed as investors processed economic data and Micron’s disappointing guidance ahead of the debate. Micron’s stellar earnings were overshadowed by in-line revenue guidance, causing its stock to drop over 5% and chipmaker stocks to follow suit. Investors are awaiting key inflation data and the Presidential debate. Walgreens and Levi Strauss stocks slumped, while McCormick and International Paper saw gains. Crude prices rebounded after U.S. inventories rose unexpectedly, with WTI at $81.55 and Brent at $85.11 per barrel. Gasoline inventories increased, indicating weak fuel consumption.



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