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Micron, Nvidia, and Qualcomm rise as investors pile back into chip stocks, while EchoStar surges after the FCC approves a spectrum sale.
The Morning Bull - US Market Morning Update Tuesday, May, 12 2026 US stock futures are pointing slightly lower this morning, as investors brace for April inflation data and higher borrowing costs. The consumer price index is expected at 3.7% year on year, with a firm 0.6% monthly reading, which would underline that the cost of living is still rising faster than many households would like. At the same time, the 10 year US Treasury yield sits near 4.4%, a level that keeps pressure on mortgages,...