Another surge for Micron, Wall Street's latest $1 trillion company, sends US stocks to records

U.S. markets hit records as major indices climbed after a holiday break, with the S&P 500 up 0.6% and the Nasdaq soaring 1.2%, while the Dow eased 0.2%. Micron Technology surged 19.3% to 895.88, aiding a tech-led rally as UBS raised its 12-month target to 1,625 from 535, noting continued memory demand. The stock’s year-to-date performance has already more than tripled. United Airlines gained about 6%, and Norwegian Cruise Line rose roughly 4.9%, underscoring a broad risk-on mood. Oil traded higher, with Brent up 3.5% to 96.67 and U.S. crude down 2.8% at 93.89, while the 10-year Treasury yield fell to 4.49% from 4.56%, easing some inflationary pressure on equities. The broader market context framed a day of resilience despite geopolitical tensions and energy-market volatility.