U.S. equities closed near flat Thursday despite strong Micron earnings and stable inflation data, reflecting cautious market sentiment.
Major U.S. stock indexes finished mixed on Thursday, with the S&P 500 ending near unchanged and the Nasdaq slightly lower. Micron Technology (MU) reported stronger-than-expected fiscal third-quarter earnings, but the gains failed to drive broader market momentum.
The session saw volatility despite an in-line inflation report, which typically supports risk assets. Earlier in the week, both indexes had posted modest gains, though trading volumes remained subdued amid summer lulls.
Market reaction was muted, with investors weighing earnings resilience against macroeconomic uncertainties.