Wall St closes higher fueled by tech rally, soft inflation data
By Abigail Summerville and Johann M Cherian
Thu December 18, 2025 4:52 PM
Today tech did quite well with a handsome 3-digit lead on the Nasdaq, all from AI once again become the darling of Wall Street. If all they needed was a small positive sign, that came today with Micron signaling a blowout forecast. The chip index climbed 2.6%. Adding to the momentum was the CPI report showing prices increased less than expected, thus encouraging the hopes for more rate cuts starting in March.
However, the Labor Dept report was still considered iffy as it did not publish month-to-month CPI changes due to playing catch up from the shutdown. All three indexes bounced off from three-week lows. At 16.89 billion, volume was very close to the 4-week average of 16.96 billon.
DJ: 47,885.97 -228.29 NAS: 22,693.32
-418.14 S&P: 6,721.43
-78.83 12/17
DJ: 47,951.85 +65.88 NAS: 23,006.36
+313.04 S&P: 6,774.76
+53.33 12/18
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