Global Markets Steady as Tech Stocks Dip and Geopolitical Tensions Rise

1 min read
Source: CNBC
Global Markets Steady as Tech Stocks Dip and Geopolitical Tensions Rise
Photo: CNBC
TL;DR

Stock futures remained mostly flat after the S&P 500 and Nasdaq Composite retreated from record highs. Oracle shares fell over 7% in extended trading due to disappointing fiscal second-quarter results. Nvidia's decline, amid a Chinese antitrust investigation, contributed to the broader market pullback. The upcoming U.S. consumer price index report is expected to influence Federal Reserve interest rate decisions. Meanwhile, MongoDB and Vail Resorts saw positive after-hours movements due to better-than-expected forecasts and earnings.

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