Micron earnings, stocks shrug off Powell, bank stress tests: Top stories

#yahoofinance #powell #micron #banks

Yahoo Finance Live breaks down the morning’s top stories, including: Micron’s shares are rising after the memory chipmaker posted third quarter results that were stronger than analysts had been expecting. Stocks are set to open higher despite Federal Reserve Chairman Jerome Powell’s hawkish comments. Finally, all 23 banks required to take the Fed’s annual stress test passed, indicating they would survive a severe recession.

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