U.S. stock futures declined on Wednesday evening after new U.S. strikes on Iran pushed oil prices higher. Also, Oracle (ORCL) stock sank more than 7% in after-hours trading due to plans to raise another $20 billion in equity and debt to fund its AI buildout, which weighed on tech futures. Futures on the Dow Jones Industrial Average (DJIA), the Nasdaq 100 (NDX), and the S&P 500 Index (SPX) were down 0.14%, 0.46%, and 0.27%, respectively, at 6:44 p.m. EDT on June 10.Introducing TipRanks MCP for Agents Deliver institutional-grade market data directly into Claude, ChatGPT, Cursor, and other MCP-compatible AI tools. Designed for personal research, portfolio monitoring, and AI-assisted investment workflows.
In the regular trading session, stocks fell sharply on Wednesday, with the Nasdaq down 2%. Also, the Dow and the S&P 500 dropped 1.9% and 1.6%, respectively.
In key economic reports due tomorrow, the Producer Price Index (PPI) for May will be made public. Economists expect a 0.7% monthly rise, with core PPI seen up 0.5%. On the earnings front, LoveSac (LOVE), Adobe (ADBE), and Lennar (LEN) will release quarterly results tomorrow.
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