Good morning ☕️🦀🇺🇸
Pre-Market Stock Overview – Thursday, June 11, 2026 (as of ~8:00 AM ET)
Good morning, traders! Risk-on tone into the open with futures rebounding sharply. Tech and small caps are leading, volatility is easing, and markets appear to be pricing in a contained geopolitical situation despite fresh US-Iran developments.
Futures Snapshot
•Dow Futures ($YM): ~50,373 ( 383 pts / 0.77%)
Previous close: ~49,919
•S&P 500 Futures ($ES): ~7,330 ( 52 pts / 0.71%)
Previous close: ~7,267
•Nasdaq-100 Futures ($NQ): ~28,891 ( 337 pts / 1.18%)
Previous close: ~28,508
•Russell 2000 Futures: Up ~ 1.4% (small caps outperforming)
Tech/semiconductors are bouncing hard after recent weakness.
Key Drivers & News
Geopolitics (Iran strikes): US completed another round of strikes; Iran launched retaliatory attacks on US targets in Kuwait, Bahrain, and Jordan. Markets are interpreting this as limited/face-saving rather than full escalation. This is supporting the risk-on move.
Oil (WTI): Trading ~$89.30–$89.70, down ~0.7–0.9% as supply disruption fears ease for now.
Gold: ~$4,105, down ~0.6%.
$VIX: ~20.6–20.9, down sharply (~5–7%) — fear gauge is cooling but remains elevated.
Other notes: SpaceX IPO hype building for tomorrow. Chip stocks ($INTC,
$AMAT,
$LRCX) seeing solid bounces in pre-market.
Notable Pre-Market Movers
Semiconductor bounce:
•$INTC: ~5%
•$AMAT: ~4.6%
•$LRCX: ~4.8%
$ORCL: Down ~7–8% after missing cloud revenue expectations (single-name story; backlog/guidance still constructive for some).
Extreme movers: Many low-float/micro-cap names swinging 20–200% on news/volume (typical pre-market noise — high risk of reversal; trade carefully or avoid chasing).
Today’s Economic Calendar (Key Times ET)
•8:30 AM: Initial Jobless Claims Producer Price Index (PPI) for May (expected to print hotter; this is the main data point to watch)
•Later: Mortgage rates, WASDE report, 30-year bond auction
Hotter-than-expected PPI could pressure rate-cut hopes and yields.
Bottom Line / Bias
Risk-on pre-market with Nasdaq and small caps leading. The Iran situation is being treated as contained for now (oil down = bullish for equities). Semis recovering is a positive technical signal after recent selling.
Watch closely:
•PPI print at 8:30 AM (inflation pipeline pressure)
•Any further Iran-related headlines
•How
$ORCL weakness affects broader tech sentiment
Futures are pointing to a higher open, but data and geopolitics can shift things quickly.
What are you watching or trading into the open? Drop your thoughts on
$ES,
$NQ, semis, or any setups. Stay sharp out there! 🚀
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