Tech Stocks Falter as Micron's Outlook Disappoints Investors

Market shows mixed performance with key economic data and upcoming inflation report influencing investor sentiment.

Micron's sales forecast met expectations but failed to impress, causing a 4% drop in its share price.
Nvidia's shares also dipped, contributing to concerns about the sustainability of the AI-driven tech rally.
The S&P 500 and Nasdaq Composite experienced minimal gains, while the Dow Jones remained flat.
Levi Strauss shares plunged 15% following a revenue miss, despite a rise in denim popularity.
Investors are cautious ahead of Friday's PCE inflation report, a key indicator for Federal Reserve policy.