Wall Street headed modestly upward early today, according to the Associated Press, with futures for the S&P 500 and futures for the Dow Jones Industrial Average rising about 0.1% before the bell.
In equities, Paramount Global continued to fall before the bell after National Amusements — which owns a majority voting stake in the embattled entertainment giant — said Tuesday that it ended talks on a possible merger of Paramount with movie production company Skydance Media.
Even though it came up a tad short of Wall Street’s sales and profit targets, Oracle jumped 8.9% in off-hours trading after the chipmaker revealed a partnership with Google that would link the two company’s cloud services.
In other trading early this morning, benchmark U.S. crude oil climbed 85 cents to $78.75 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, was up 77 cents at $82.69 per barrel.
The U.S. dollar rose to 157.34 Japanese yen from 157.14 yen.
