S&P 500 futures are little changed as inflation report looms: Live updates
A trader works at the New York Stock Exchange in New York City on Dec. 17, 2025.
NYSE
S&P 500 futures traded near the flatline on Wednesday night as investors await inflation data that could be a catalyst for the market.
Futures linked to the broad market index advanced 0.1%, while Nasdaq 100 futures added 0.2%. Futures tied to the Dow Jones Industrial Average ticked up 3 points, or 0.01%.
Shares of Micron Technology jumped more than 7% in extended trading after the semiconductor play topped Wall Street estimates on the top and bottom lines for the fiscal first quarter and offered a strong forecast for the current period.
Traders are awaiting the release of November’s consumer price index reading, due Thursday morning. It will mark the first consumer inflation report issued to the public since the U.S. government shutdown ended last month. Economists polled by Dow Jones predict that headline inflation grew at a 3.1% pace on a year-over-year basis.
Stocks are coming off of a rough trading session, pressured by sharp losses in leading semiconductor names tied to the artificial intelligence trade. The S&P 500 and the 30-stock Dow closed out their fourth negative day. The Nasdaq Composite was the laggard of the three major indices, losing 1.8%.
In the regular session, Oracle slid more than 5% after the Financial Times reported that the cloud infrastructure company’s primary investor pulled out of its $10 billion Michigan data center.
Concerns about the high capital costs behind massive data center deals, such as Oracle’s, sent shivers throughout the market and led several chipmakers to decline in sympathy throughout the session. Broadcom lost 4.5%, while shares of Nvidia and Advanced Micro Devices also fell.
Even as investors have been rotating away from tech names as of late, the sector is on pace to end 2025 with a roughly 19% advance.
“Oracle’s bad day continues to add to the recent tech jitters, but it’s important to take a step back and consider that technology is still up 20% for the year and just had one of its longest win streaks in history,” said Ryan Detrick, chief market strategist at Carson Group. “The bottom line: some air is being let out of the balloon, but the overall market is hanging in all things considered.”
