U.S. stock futures decline, tensions between the U.S. and Iran escalate again, and oil prices rise

Mars Finance News, June 11 — Following the U.S. launched further "self-defense strikes" against Iran, global risk sentiment has increased. U.S. stock futures weakened on Wednesday night, while oil prices rose in tandem. The S&P 500 futures fell 0.4%, Nasdaq 100 futures declined 0.6%, and Dow futures dropped about 123 points or 0.3%. West Texas Intermediate (WTI) crude futures rose nearly 3%, reaching approximately $92 per barrel. On the U.S. stock front, the regular trading session on Wednesday saw a broad decline, with the Dow down 953.33 points (-1.87%), the S&P 500 down 1.62%, and the Nasdaq down 1.98%, led by declines in the chip sector and technology stocks.

In individual stocks, Oracle plummeted over 11% after hours, following the company's announcement to support AI infrastructure expansion through approximately $20 billion in new equity and debt financing, which sparked market concerns over funding pressure. This decline dragged down the performance of the S&P 500 futures and technology software ETFs.

Additionally, market strategists pointed out that some funds are withdrawing from AI-focused trades and shifting into sectors such as pharmaceuticals, biotechnology, finance, and energy to hedge against high volatility risks in tech stocks. Investors are also paying close attention to the upcoming U.S. Producer Price Index (PPI) inflation data and initial jobless claims to assess how inflation and employment trends might influence the Federal Reserve's policy path.