Financials Up After Inflation Data, Micron Earnings -- Financials Roundup

Dow Jones06:27

Shares of banks and other financial institutions rose as muted inflation data and strong chip demand eased fears about a shift in Federal Reserve policy and a slowdown in artificial-intelligence spending.

Some investment firms gained after Micron's earnings report eased concerns about over-building of AI infrastructure.

Coinbase Global fell as another rebound for bitcoin prices ran out of steam. Coinbase said it would partner with prediction-markets firm Kalshi.

In another sign that the AI boom has legs, consulting firm Accenture cited AI demand for its fiscal first-quarter sales growth.

 

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

December 18, 2025 17:27 ET (22:27 GMT)

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