WS Investor
11 Sep 2026, 14:02
U.S. Stock Futures Jump After CPI Data as Oracle Rally and Oil Pullback Lift Sentiment
U.S. stock futures moved sharply higher Friday after August inflation data came broadly in line with expectations, while a pullback in oil prices and strong Oracle earnings helped improve sentiment. S&P 500 futures rose 0.92%, Dow futures gained 0.94%, and Nasdaq futures advanced 1.06%.
Headline CPI increased 0.4% month-over-month in August, matching expectations but accelerating from 0.1% in July. Annual inflation held at 3.4%. Core CPI rose 0.3% on the month, slightly above the 0.2% forecast, while the annual core rate eased to 2.4% from 2.5%. The mixed report leaves inflation concerns alive ahead of next week’s Federal Reserve meeting, particularly after Thursday’s hotter producer-price data.
Energy markets provided some relief. Brent crude fell about 3% to around $104 a barrel after briefly approaching $110, although it remains up strongly for the week. Reports of diplomatic efforts to establish temporary shipping arrangements through the Strait of Hormuz helped cool prices. However, geopolitical risks remain elevated as the U.S.-Iran conflict and attacks on regional shipping continue to restrict oil flows.
Technology stocks were also supported by Oracle, which jumped about 6% in premarket trading after reporting a 30% increase in Q1 revenue to $19.3 billion. Cloud infrastructure revenue surged 121% to $7.4 billion, while remaining performance obligations reached $664 billion amid strong AI demand.
Despite the equity rebound, bond yields remain a key risk. The 10-year Treasury yield is hovering near 4.94%, leaving markets sensitive to inflation, oil prices and changing expectations for the Fed’s September decision.
U.S. stock futures moved sharply higher Friday after August inflation data came broadly in line with expectations, while a pullback in oil prices and strong Oracle earnings helped improve sentiment. S&P 500 futures rose 0.92%, Dow futures gained 0.94%, and Nasdaq futures advanced 1.06%.
Headline CPI increased 0.4% month-over-month in August, matching expectations but accelerating from 0.1% in July. Annual inflation held at 3.4%. Core CPI rose 0.3% on the month, slightly above the 0.2% forecast, while the annual core rate eased to 2.4% from 2.5%. The mixed report leaves inflation concerns alive ahead of next week’s Federal Reserve meeting, particularly after Thursday’s hotter producer-price data.
Energy markets provided some relief. Brent crude fell about 3% to around $104 a barrel after briefly approaching $110, although it remains up strongly for the week. Reports of diplomatic efforts to establish temporary shipping arrangements through the Strait of Hormuz helped cool prices. However, geopolitical risks remain elevated as the U.S.-Iran conflict and attacks on regional shipping continue to restrict oil flows.
Technology stocks were also supported by Oracle, which jumped about 6% in premarket trading after reporting a 30% increase in Q1 revenue to $19.3 billion. Cloud infrastructure revenue surged 121% to $7.4 billion, while remaining performance obligations reached $664 billion amid strong AI demand.
Despite the equity rebound, bond yields remain a key risk. The 10-year Treasury yield is hovering near 4.94%, leaving markets sensitive to inflation, oil prices and changing expectations for the Fed’s September decision.
