Nike will report fiscal second-quarter earnings after the bell Thursday. Here's what Wall Street is expecting from the sneaker giant.

Stocks closed higher on Thursday despite paring back some earlier gains after a renewed bid for AI-related names and a notably cooler-than-expected consumer inflation report landed.

Wall Street analysts expect another strong year in stocks in 2026, propelled by continued AI sector gains and additional Fed interest-rate cuts.

Shares on Wall Street have opened strongly after US inflation eased more than expected – to 2.7 percent. James Demmert is Chief Investment Officer at Main Street Research and told Michelle Fleury it’s good news for US consumers, but also makes the US Federal Reserve more likely to cut interest rates further.

Broadcom dropped 4.5%, Oracle fell 5.4% and CoreWeave sank 7.1%. Nvidia, the chip company that’s become Wall Street’s most influential stock because of its tremendous size, fell 3.8% and was the day’s heaviest weight on the S&P 500.

Wall Street praised Micron's stellar Q1 earnings. Morgan Stanley said the results were among the biggest surprises in the history of the chip sector.

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Greg Halter, from the Carnegie Investment Counsel, says the markets have seen a third consecutive year of gains.

Asian shares advanced on Wednesday as strong buying of technology shares helped lift some benchmarks, while oil prices surged more than 1% after President Donald Trump ordered a blockade of all “sanctioned oil tankers” into Venezuela.

On Tuesday Dec. 16, Belfort, 63, shared an undated video to Instagram that he said Reiner sent to his family prior to his father's death. Reiner famously portrayed Maxwell in 2013's The Wolf of Wall Street, the 2013 Martin Scorsese -directed movie that saw Leonardo DiCaprio star as the former stockbroker.