Wall Street inched toward modest gains before the open today as markets continued to erase last week’s sweeping losses, the Associated Press reports. Futures for the S&P 500 climbed 0.2% before the bell, while futures for the Dow Jones Industrial Average were 0.1% higher.
All the major U.S. indices are up this week and within reach of negating last week’s technology-led wipeout, the markets’ worst week in a year-and-a-half.
In equities trading today, graphic design software company Adobe shed 8.5% after it beat analysts’ third-quarter earnings targets but issued tepid guidance that disappointed investors.
On the flip side, software maker Oracle’s shares jumped again after company executives told analysts at a conference that it was raising its 2026 and 2029 revenue guidance. Oracle is forecasting 2026 revenue of $66 billion and 2029 revenue of more than $104 billion. The forecast came just days after the company reported strong sales and profit in its most recent quarter. Its shares rose 6.5% in premarket, adding to its 53% gain so far this year.
Boeing tumbled 4% after aircraft assembly workers walked off the job early this morning. Union members voted overwhelmingly to go on strike and reject the troubled aerospace giant’s tentative contract that would have increased wages by 25% over four years.
In energy trading, benchmark U.S. crude gained 72 cents to $69.69 per barrel. Brent crude, the international standard, added 62 cents to $72.59 per barrel.
The dollar fell to 140.83 yen from 141.79 yen.
