🍎 🍕 Less apples, more pizza 🤔 Have you seen Buffett’s portfolio recently?Explore for Free

Dow futures little changed, Oracle adds 3.3% after earnings

Published 13/06/2023, 08:30 am
© Reuters.
US500
-
DJI
-
ORCL
-
ESZ24
-
1YMZ24
-
NQZ24
-
IXIC
-
US10YT=X
-

Investing.com - U.S. stock futures were trading steady during Monday's evening deals, after major benchmark averages notched fresh multi-month highs during regular hours as tech stocks rallied, with investors looking ahead to key inflation data as well as the Fed's interest rate decision.

By 18:30 ET (22:30 GMT), Dow Jones futures and S&P 500 futures remained flat, while Nasdaq 100 futures lifted 0.1%.

Analyze corporate earnings results with InvestingPro.

In extended deals, Oracle Corporation (NYSE:ORCL) lifted 3.3% after reporting EPS of $1.67 versus $1.58 expected on revenues of $13.8 billion versus $13.74B expected.

Ahead, in Tuesday's session, market participants will be closely monitoring CPI data, with annualized inflation expected to ease to 4.1% from last month's reading of 4.9%. This data will also directly inform the Fed's interest rate decision due on Wednesday.

During Monday's regular trade, the Dow Jones Industrial Average added 189.6 points or 0.6% to 6-week highs of 34,066.3, the S&P 500 lifted 40.1 points or 0.9% to a fresh yearly high of 4,338.9, and the Nasdaq Composite gained 202.8 points or 1.5% to 14-month highs of 13,461.9.

On the bond markets, United States 10-Year rates were at 3.743%.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.