Micron (NASDAQ: MU) stock is losing ground in Wednesday trading. The company's share price was down 2.5% as of 1 p.m. ET.

Dow Jones dived after hot inflation data in the stock market today. Nvidia partner SMCI soared. Fed Chief Powell continued his testimony in Congress.

Federal Reserve Chairman Jerome Powell said Wednesday he supports a change to bank capital rules that has been on the industry's wish list At the moment, the Fed's "supplementary leverage ratio" ...

Wednesday afternoon's sale of $42 billion in 10-year notes tailed by 1 basis point and was met with non-dealer bidding that was slightly below average, according to BMO Capital Markets strategist Vail ...

U.S. stocks are falling Wednesday after a report said inflation is unexpectedly getting worse for Americans.

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