S&P 500 Futures Rise 0.72% Amid U.S. Strikes on Iran

AI Summary

Stock futures, including S&P 500 futures which rose 0.72% and Nasdaq 100 futures that increased by 1.1%, showed positive movement on news of U.S. strikes against Iran. The Dow Jones Industrial Average futures gained 0.64%, while extended trading saw Oracle (ORCL) shares drop over 11% due to plans to raise $20 billion for AI development. In contrast, the Kospi in South Korea fell 4.1%, indicating mixed market reactions. Analysts expect May's producer price index to show a 0.7% rise, compared to a 1.4% increase in April, which could influence market sentiment moving forward.