Micron shares fall on disappointing quarterly revenue guidance

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Financial Times 14h ago

Micron shares fall on disappointing quarterly revenue guidance - Financial Times

Quick Summary:

Still, Micron matched analysts’ expectations for revenue in the quarter that ended November.

Wall Street’s S&P 500 lost nearly 3 per cent at the market close on Wednesday, with every sector declining.

The yield on the rate-sensitive two-year Treasury climbed 0.12 percentage points to 4.348 per cent, while that on the 10-year bond increased by 0.11 percentage points to 4.4 per cent.