Global Markets:
- Asian Stock Markets : Nikkei up 0.09%, Shanghai Composite down 0.73% Hang Seng down 1.24% ASX down 0.21%
- Commodities : Gold at $4,093.85 (-0.96%) Silver at $63.640 (-1.67%), Brent Oil at $94.76 (1.78%), WTI Oil at $91.87 (2.04%)
- Rates : US 10-year yield at 4.552, UK 10-year yield at 4.9400, Germany 10-year yield at 3.0686
News & Data:
- (USD) Core CPI m/m 0.2 % to 0.3% expected
Markets Update:
U.S. stock futures declined on Wednesday night after the United States launched additional military strikes against Iran, raising concerns about escalating geopolitical tensions and pushing oil prices higher. Futures linked to the S&P 500 fell 0.4%, while Nasdaq 100 futures dropped 0.6%. Dow Jones Industrial Average futures lost 123 points, or 0.3%.
Asian markets also traded lower on Thursday. South Korea’s Kospi led regional losses with a 4.1% decline, while Japan’s Nikkei 225 fell 2.3% and Australia’s S&P/ASX 200 slipped nearly 1%.
Technology stocks faced additional pressure after Oracle announced plans to raise $20 billion through equity and debt offerings to support its artificial intelligence expansion. Oracle shares fell more than 11% in after-hours trading, weighing on broader technology sentiment.
The latest U.S. strikes against Iran were described by U.S. Central Command as “self-defense strikes” conducted under President Donald Trump’s direction. The developments boosted oil prices, with West Texas Intermediate crude climbing nearly 3% to around $92 per barrel.
Markets had already weakened during Wednesday’s regular session. The Dow dropped 953 points, the S&P 500 lost 1.6%, and the Nasdaq Composite fell nearly 2%, driven by weakness in chip stocks and rising Middle East tensions.
Investors are now watching Thursday’s producer price index and weekly jobless claims data for further clues on inflation and the strength of the U.S. economy.
Upcoming Events:
- 12:30 PM GMT – USD Core PPI m/m
The post Thursday 11th June 2026: Stock Futures Fall as U.S. Strikes Iran, Oil Prices Surge first appeared on IC Your Trading Edge | Official Blog.