US Stocks Pause for Juneteenth After Chip-Led Rally; Fed, Micron Earnings Loom
S&P 500 closed at a record 7,500.58 after a chip-led rally, with Intel surging 10.6% on Apple partnership news, but investors face renewed Fed hawkishness and upcoming Micron earnings, inflation data, and GDP reports that could test the AI-fueled market run.