Wall Street's main indexes rose in choppy trading on Thursday, with the S&P 500 hitting an intraday record high after Micron's upbeat forecast rekindled the hype around artificial intelligence, and a soft jobless claims report soothed worries about the labor market.
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✓ US weekly jobless claims slip; Q2 GDP unrevised.
✓ Accenture gains after upbeat annual revenue forecast.
✓ Miners jump after report of Chinese stimulus.
✓ Indexes up: Dow 0.55%, S&P 500 0.34%, Nasdaq 0.47%. 

 Micron's optimistic outlook has played a pivotal role in boosting market confidence, particularly in the tech sector. The company's strong performance and guidance have sparked renewed interest in AI-related investments, contributing to the overall market rally.Additionally, a softer-than-expected jobless claims report helped alleviate concerns regarding the labor market. This report provided reassurance to investors, further supporting the upward momentum in the indexes.