Stock market today: Dow, S&P 500, Nasdaq futures slide as Oracle earnings reignite AI spending fears
US stock futures sank on Thursday after Oracle (ORCL) earnings revived AI overspending worries, denting the Wall Street rally that followed the Federal Reserve’s latest interest-rate cut. Contracts on the S&P 500 (ES=F) and the Nasdaq 100 (NQ=F) were down roughly 0.5% and 0.8%, respectively, paring deeper declines from earlier in premarket. Dow Jones Industrial Average futures (YM=F), which include fewer tech names, nudged 0.1% lower. Oracle's after-hours earnings brought AI spending fears back with a v ...