US stock indices close mixed in up and down session

<p>The major US indices are closing the session with mixed results in what was an up and down trading day. </p><p>A snapshot of the closing levels shows:</p><ul><li>Dow industrial average -68.56 points or -0.20% at 33550.33</li><li>S&amp;P index rose 0.99 points or +0.02% at 4274.53</li><li>NASDAQ index rose 29.23 points or 0.22% at 13092.84</li></ul><p>Top sectors included</p><ul><li>Energy</li><li>Industrial </li><li>Communication services</li></ul><p>The laggards today included</p><ul><li>Utilities</li><li>Real estate</li><li>Healthcare</li></ul><p>After the close, Micron reported better-than-expected results for Q4 2023 with </p><ul><li>EPS of -1.07, beating the expected -1.18, r</li><li>Revenue of $4.40 billion, surpassing the expected $3.91 billion. </li></ul><p>However, the company anticipates a Q1 adjusted EPS of -1.07, which is below the expected -0.95, but expects revenue to be $4.40 billion, higher than the anticipated $4.20 billion. </p><p>Micron is optimistic about achieving record industry TAM revenue in 2025 due to the proliferation of AI from data centers to Edge. The company is positioning itself for a market recovery in 2024, driven by increasing demand and disciplined supply.</p><p>Micron shares closed at $68.24. The shares are trading at $67.58 down -0.97% in after-hours trading..</p>

This article was written by Greg Michalowski at www.forexlive.com.