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flag U.S. stocks surged Thursday as cooler inflation data boosted hopes for 2026 rate cuts, lifting tech and AI stocks.

flag U.S. stocks rose sharply on Thursday following a more optimistic inflation report, which eased concerns about prolonged high interest rates. flag The S&P 500 and Nasdaq gained, led by technology stocks, with Micron Technology delivering strong results that boosted investor confidence. flag AI-related equities reversed earlier losses, contributing to the market's rally. flag The data suggested inflation may be cooling, supporting hopes for potential rate cuts in 2026.

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