U.S. stocks are rising following an encouraging report on inflation that could help the Federal Reserve keep cutting interest rates next year. A strong profit report from Micron Technology also helped AI stocks halt their sharp slides on Thursday, at least for now. The S&P 500 rallied 1% toward its best day in more than three weeks. The Dow Jones Industrial Average added 315 points, and the strength for tech stocks had the Nasdaq composite up 1.4%. Treasury yields eased in the bond market after the report showed U.S. inflation was less bad last month than economists expected.
