The Bureau of Labor Statistics reported that the Consumer Price Index rose 4.2% year over year in May, reaching its highest level since April 2023. Core inflation also accelerated from the prior month. Meanwhile, oil prices surged and equities retreated as renewed U.S.-Iran tensions rattled global markets.
Major U.S. stock indexes closed lower on the day, with the Dow Jones Industrial Average falling 1.87% to 49,918.78, the S&P 500 shedding 1.62% to 7,266.99 and the Nasdaq dropping 1.98% to 25,169.50.
These are the top stocks that gained the attention of retail traders and investors through the day:
Oracle Corporation (NYSE:ORCL)
Oracle’s stock fell 2.21% to close at $201.26, with an intraday high of $212.48 and a low of $198.18. The stock’s 52-week range is between $134.57 and $345.72. In the after-hours trading, the stock fell 10.12% to $180.89.
