US stock futures rebounded on Thursday, recovering from earlier losses after the US military announced it had completed its latest strikes on Iran, fueling hopes that peace negotiations could resume. The move followed fresh US attacks on Iranian targets after President Trump accused Tehran of stalling talks over an interim peace agreement.
In corporate news, Oracle shares plunged more than 10% in after-hours trading after the company unveiled plans to raise an additional $20 billion through a combination of equity and debt offerings to finance its artificial intelligence expansion.
During Wednesday’s regular session, the Dow declined 1.87%, the S&P 500 fell 1.62%, and the Nasdaq Composite lost 1.98%. Eight of the 11 S&P sectors closed lower, with industrials, materials, and technology leading the declines. Technology and semiconductor stocks remained under pressure amid persistent concerns over stretched AI-related valuations and increased investor caution ahead of SpaceX’s highly anticipated IPO on Friday.
