Stock Market News Today, 6/12/25 – Futures Dip After SPX Snaps 3-Day Winning Streak

U.S. stock futures edged lower on Thursday morning after the S&P 500 (SPX) ended a three-day winning streak. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 (SPX) were down 0.6%, 0.49%, and 0.53%, respectively, at 4:32 a.m. EST, June 12.

During Wednesday’s regular trading session, all major indexes ended lower, with the S&P 500 slipping 0.27% by the close. Also, the Nasdaq Composite closed lower by 0.5%, while the Dow Jones remained flat.

These declines came after the May consumer price index (CPI) increase came in below forecasts. The report showed inflation rising by 0.1% month-over-month (MoM) and 2.4% year-over-year. That was less than the Dow Jones forecast of 0.2%. Meanwhile, core CPI, which excludes the often-volatile food and energy prices, rose 0.1% MoM.

In after-hours trading, Oracle (ORCL) shares gained over 7% after the technology company posted stronger-than-expected Q4 FY25 results. Meanwhile, GameStop (GME) stock fell more than 12% after the company said it plans to raise $1.75 billion through a private offering of convertible senior notes.

Investors are now turning their focus to May’s Producer Price Index (PPI), set to be released at 8:30 a.m. ET on Thursday. Economists surveyed by Dow Jones expect a 0.2% rise for the month. Also, core PPI is expected to increase by 0.3%. At the same time, investors are keeping an eye on U.S.-China trade talks. While officials struck a deal in London, it still awaits a green light from President Donald Trump and Chinese President Xi Jinping.

On the corporate earnings front, technology company Adobe (ADBE) and home furnishings retailer RH (RH) are set to report their results today.

Meanwhile, the U.S. 10-year treasury yield was down, floating near 4.4%. Simultaneously, WTI crude oil futures are trending lower, hovering near $67.54 per barrel as of the last check. At the same time, the Gold Spot U.S. Dollar Price rose to nearly $3,356 per ounce on Thursday.

Elsewhere, European stock markets traded lower on Thursday amid renewed concerns about a pending U.S.-China trade deal and rising tensions in the Middle East.

Asia-Pacific Markets Traded Mixed Today

Asia-Pacific indices were mixed on Thursday as investors reacted to President Trump’s claim that a trade deal with China was ‘done.’

Hong Kong’s Hang Seng Index was down 1.38%. Further, Japan’s Nikkei and Topix indices declined 0.55% and 0.21%, respectively. At the same time, China’s Shanghai Composite and Shenzhen Component indices closed lower by 0.01% and 0.11%, respectively. 

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