Dow futures little changed, Oracle adds 3.3% after earnings
2023.06.12 21:32
© Reuters.
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 6:30pm ET (10:30pm GMT) and remained flat while lifted 0.1%.
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In extended deals, Oracle Corporation (NYSE:) lifted 3.3% after EPS of $1.67 versus $1.58 expected on revenues of $13.8 billion versus $13.74 billion expected.
Ahead in Tuesday’s session, market participants will be closely monitoring 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 due on Wednesday.
During Monday’s regular trade, the added 189.6 points or 0.6% to 6-week highs of 34,066.3, the lifted 40.1 points or 0.9% to a fresh yearly high of 4,338.9 and the gained 202.8 points or 1.5% to 14-month highs of 13,461.9.
On the bond markets, rates were at 3.743%.