Stock market today: Live updates
Traders work at the New York Stock Exchange on June 9, 2026.
NYSE
Stock futures rose early Thursday as the U.S. announced it has completed its strikes against Iran, though Gulf countries reported hostile activity from Tehran.
S&P 500 futures gained 0.4%, and Nasdaq 100 futures added 0.6%. Futures tied to the Dow Jones Industrial Average rose 110 points, or 0.2%.
Asia-Pacific markets opened lower Thursday, with South Korea’s Kospi leading losses. The Kospi dropped 4.1% in early trading. Japan’s Nikkei 225 declined 2.3% and Australia’s benchmark S&P/ASX 200 was down 0.97%.
Shares of Oracle dropped more than 11% in extended trading after the software giant announced plans to raise an additional $20 billion in equity and debt to pay for its artificial intelligence buildout. The decline weighed on S&P 500 futures and the iShares Expanded Tech-Software Sector ETF (IGV), heralding potential losses in the tech sector in the upcoming session.
U.S. Central Command forces launched more “self-defense strikes” against Iran late Wednesday, according to Centcom’s post on social media platform X. The attacks came at the direction of President Donald Trump, according to the post. West Texas Intermediate crude futures advanced nearly 3% to trade around $92 a barrel.
Stocks fell during Wednesday’s regular trading session, thanks to another rout in the chip sector and a ramp-up in tensions with Iran. The Dow tumbled 953.33 points, or 1.87%, while the S&P 500 fell 1.62%. The tech-heavy Nasdaq Composite lost 1.98%.
Victoria Fernandez, chief market strategist at Crossmark Global Investments, said that many investors are now buying into what they believe to be the opposite of the artificial intelligence trade that drove stocks for much of this year.
“I think what people are saying are, where can we go that kind of hedges that tech trade? What would be the antithesis of the momentum and the beta?” she said on CNBC’s “Closing Bell” on Wednesday afternoon. “We’re seeing that rotation out of tech into some things that have been beaten down a little bit over the past months.”
Fernandez added that she’s seen her clients increasingly put money into other areas such as pharmaceuticals and biotech within healthcare, as well as the financials and energy sectors.
The fragile ceasefire between the U.S. and Iran was further threatened on Wednesday, after Trump signaled that Tehran was taking “too long” to agree to a potential deal and would “pay the price.” He also pledged more strikes against the country, saying that the U.S. will be “attacking them very hard.”
Investors will be keeping a close eye on May’s producer price index reading, which will be released on Thursday at 8:30 a.m. ET. Economists polled by Dow Jones expect the wholesale inflation reading to have risen 0.7% on a monthly basis, while core inflation — which excludes volatile food and energy prices — is forecast to have added 0.5%. This is below the respective 1.4% and 1% headline and core increases in April.
Traders will also watch for initial jobless claims from the week ended June 6 on Thursday morning.
