Wall St rallies after broad sell-off, Micron shines

Wall Street has advanced after recovering from a broad sell-off in the prior session, with latest data adding to expectations that borrowing costs could ease next year, while chipmaker Micron advanced after giving an upbeat forecast. A Commerce Department report showed the final gross domestic product (GDP) estimate for the third quarter stood at 4.9 per cent, compared with previous estimates of 5.2 per cent. Separately, a Labor Department report showed the number of Americans filing new claims for unemployment benefits rose marginally last week, suggesting underlying strength in the economy as the year winds down. "It's a mixed…