US Futures Recover as Iran Strikes Conclude
2026-06-11 06:38
By
Jam Kaimo Samonte
1 min. read
US stock futures rebounded on Thursday, recovering from earlier losses after the US military announced it had completed its latest strikes on Iran, raising hopes that peace negotiations could resume.
Earlier, US forces launched fresh attacks on Iran after President Trump accused Tehran of delaying talks over an interim peace agreement.
In corporate news, Oracle shares tumbled more than 10% in extended trading after the company revealed plans to raise an additional $20 billion through equity and debt offerings to fund its artificial intelligence expansion.
In regular trading on Wednesday, the Dow fell 1.87%, the S&P 500 lost 1.62%, and the Nasdaq Composite dropped 1.98%.
Eight of the 11 S&P sectors ended lower, with industrials, materials, and technology stocks leading the declines.
Tech and semiconductor shares also remained under pressure amid persistent concerns about elevated AI-related valuations and growing investor caution ahead of SpaceX's highly anticipated IPO on Friday.