Micron set to test resolve of Fed-rattled traders


Source: finance.yahoo.com finance.yahoo.com

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Micron Technology Inc. is set to provide one of the first tests for investors hoping that tech earnings will rescue a stock market in freefall. Most Read from Bloomberg The memory chip-maker is slated to report results after the close Wednesday, and investors will be looking for evidence that the brutal slump in its main market is finally ending. The report comes a day after the S&P 500’s tech index entered a correction, falling 10% from its July peak — with stocks rattled by a Federal Reserve that’s determined to keep interest rates at levels not seen in a decade....