Commodities
Oracle Boosts Tech Sentiment as Oil Prices Dip Below $100
Futures for US stocks rose ahead of the opening bell on Friday, September 11, 2026, driven by Oracle's better-than-expected earnings and a decrease in oil prices. The tech sector received a boost from Oracle's results, which helped fuel overall market optimism.
The S&P 500 futures increased by 0.5% as of 7:40 a.m. in New York, while Nasdaq 100 contracts rose 0.6%. Oil prices retreated, with West Texas Intermediate crude trading at $99.42 per barrel, below the $100 threshold.
The International Energy Agency (IEA) cut its forecast for oil demand this year, which may have contributed to the decline in oil prices. Yields on 10-year Treasuries were around 4.95%.