FX.co ★ US Futures Pare Most Losses

U.S. equity futures have trimmed most of their initial losses, with Dow Jones futures hovering close to breakeven. Meanwhile, S&P 500 futures have decreased by 0.3%, and Nasdaq 100 futures have dropped by 0.4%, less than two hours before the market opens. Buyer interest helped steady market sentiment, despite a significant 12.5% decline in Oracle shares, which negatively impacted both the technology and artificial intelligence sectors. Oracle's financial performance disappointed investors with lower-than-expected revenue, underwhelming cloud sales, and guidance that failed to attract enthusiasm. In premarket trading, most major technology stocks experienced declines: Nvidia fell by 1.4%, Microsoft by 0.4%, Amazon by 0.6%, Alphabet by 0.2%, Meta by 0.7%, and Tesla by 0.5%. Conversely, Apple saw a slight increase of 0.3%. Within the semiconductor industry, AMD faced a decline of 1.1%, and Broadcom dropped 1.5% ahead of its anticipated quarterly results, due to be released after the market close.