The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all saw gains, with tech stocks leading the market. Oracle and Micron Technology rose, while Nike and Lamb Weston fell due to disappointing earnings. Today marked quadruple witching, a volatile day in the market with high trading volumes.

Reports of cooling inflation and a softer labor market suggest another rate cut by the Fed early next year. Apollo Global Management warned of stagflation risk in 2026 if AI does not deliver. Nike and Lamb Weston’s mixed results reflect challenges in consumer sectors, with concerns over China sales impacting Nike’s stock.

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Read more at Yahoo Finance: AI Optimism and Inflation Data Buoys Stocks