
The S&P 500 ($SPX) and Nasdaq ($QQQ) finished lower following hot CPI data, while the Dow closed slightly higher. Cerebras ($CBRS) is expected to IPO this Thursday on the Nasdaq with a raised price target of $150–$160 per share, while CME Group ($CME) plans to launch compute-tied futures. Micron ($MU) received a $1,000 price target from Deutsche Bank, helping the $DRAM ETF reach $6.5B in assets faster than $IBIT.