financetom
Market
financetom
/
Market
/
Update: US Equity Futures Rise Pre-Bell After US Says Strikes Completed Against Iran
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: US Equity Futures Rise Pre-Bell After US Says Strikes Completed Against Iran
Jun 11, 2026 6:21 AM

08:58 AM EDT, 06/11/2026 (MT Newswires) -- (Updates with economic data, recent oil price movement, world markets' overview and corporate stock movements.)

US equity futures were higher pre-bell Thursday as the US said it completed attacks against Iran after another round of "self-defense strikes."

Dow Jones Industrial Average futures were 0.5% higher, S&P 500 futures were up 0.4%, and Nasdaq futures were 0.7% higher.

The strikes, which started after a US Army Apache helicopter was shot down on Wednesday, were conducted at the direction of President Donald Trump, US Central Command said in an X post. Iran responded with attacks on Kuwait and Bahrain, while Israel warned of launches from Lebanon.

Trump later told Fox News that he had spoken directly with Iranian officials, who had asked him to stop bombing.

Traders watched the latest round of earnings, with Oracle (ORCL) posting higher fiscal Q4 adjusted earnings and revenue.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.5% at $93.52 per barrel and US West Texas Intermediate crude 0.7% higher at $90.66 per barrel.

The US Producer Price Index, released at 8:30 am ET, rose by 1.1% in May following a similar increase in April, above the 0.7% gain expected in a survey compiled by Bloomberg. The weekly jobless claims bulletin showed 229,000 new unemployment claims for the week ended June 6, compared with the 225,000 in the prior week and above the 220,000 expected.

In other world markets, Japan's Nikkei closed 0.1% higher, Hong Kong's Hang Seng ended 0.7% lower, and China's Shanghai Composite finished 0.2% lower. Meanwhile, the UK's FTSE 100 was up 0.6%, and Germany's DAX index was 0.2% higher in Europe's early afternoon session.

In equities, Oracle stock was down 11% after the company said it plans to raise about $40 billion via debt and equity issuances in fiscal 2027, including its previously announced $20 billion stock sale. Alibaba ( BABA ) and JD.com ( JD ) shares fell 4.5% and 2.3%, respectively, following media reports of complaints by Chinese regulators over allegedly misleading promotions.

On the winning side, Tesla's (TSLA) stock was up 0.9% after Belgian government official Annick De Ridder said that the company's full self-driving technology has been approved in the country. Applied Materials ( AMAT ) shares rose 4.2% after the company said it has expanded its manufacturing and R&D operations in Singapore with a $500 million facility in Tampines to support AI-driven semiconductor demand. Novartis ( NVS ) stock was up 2.4% after the company said the phase I/II study of its experimental therapy, del-brax, met both primary and key secondary endpoints in patients with facioscapulohumeral muscular dystrophy.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
10 things you need to know before the opening bell on May 6
10 things you need to know before the opening bell on May 6
May 5, 2019
Indian shares are set to open lower on Monday following weak cues from global markets and as investors turned cautious ahead of Lok Sabha election results and amid ongoing March-quarter earnings season. In global markets, Asian shares fell, oil prices slumped and the safe-haven yen strengthened as trade negotiations between China and the US deteriorated suddenly, reversing apparent progress made in recent months. On Friday, Indian benchmark indices ended flat as investors remained cautious amid March-quarter earnings season. The indices posted marginal gains for the week. At 07:00 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.42 percent at 11,711, indicating a weak start for the Sensex and Nifty.
Top stocks to watch out for on May 6: Yes Bank, Infibeam, ICICI Bank
Top stocks to watch out for on May 6: Yes Bank, Infibeam, ICICI Bank
May 5, 2019
Indian benchmark indices BSE Sensex and NSE’s Nifty 50 are set for a negative start on Monday following weak cues from global markets. Investors also turned cautious ahead of Lok Sabha election results and amid ongoing March-quarter earnings season. In global markets, Asian shares fell, oil prices slumped and the safe-haven yen strengthened as trade negotiations between China and the US deteriorated suddenly, reversing apparent progress made in recent months. On Friday, Indian benchmark indices ended flat as investors remained cautious amid March-quarter earnings season. The indices posted marginal gains for the week. At 07:55 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.46 percent at 11,706, indicating a weak start for the Sensex and Nifty.
Top brokerage calls for May 6: Jefferies maintains 'hold' on HUL, while CLSA remains bullish
Top brokerage calls for May 6: Jefferies maintains 'hold' on HUL, while CLSA remains bullish
May 5, 2019
Among brokerages, Jefferies has a 'hold' rating on HUL but raised the stock's target price, while CLSA is 'outperform' on the stock but cut its target price.
India's oil import dependence jumps to 84%
India's oil import dependence jumps to 84%
May 5, 2019
Speaking at the 'Urja Sangam' conference in March 2015, the Prime Minister had said that India needs to bring down its oil import dependence from 77 percent in 2013-14 to 67 percent by 2022 when India will celebrate its 75th year of independence.
Copyright 2023-2026 - www.financetom.com All Rights Reserved