DOJ Convenes Special Grand Jury; Oil Swings; UK Solar Eclipse — Bloomberg News Now

Bullish Gator

DOJ convenes a rare special grand jury; inflation data ease Fed rate concerns; oil swings as Hormuz traffic falls; Micron-led chip rally; Colombia quake toll nears 200; UK prepares for a major solar eclipse.

Editorial companion

What stands out

Bloomberg flagged Micron Technology as the leader of a chip-stock rally while markets absorbed a Department of Justice (DOJ) special grand jury and volatile oil swings, a curious pairing of geopolitical noise and sector-specific strength. The clip matters because Micron’s move wasn’t just headline-driven momentum; its recent results show a meaningful revenue lift and an outsized rebound in profits, the kind of earnings catch-up that can turn short squeezes into more durable rallies if the demand backdrop holds. For anyone watching semiconductors, it’s a reminder that macro headlines can flirt with tech flows without necessarily changing the business story.