S&P 500 Rebounds as Oracle Leads Tech Stocks Higher: Live Updates

June 12, 2025 | USA News Desk

New York, NY — U.S. equities bounced back on Wednesday as the S&P 500 rallied, fueled by a surge in major tech stocks, with Oracle Corporation at the forefront. The index rose 1.4% in midday trading, reversing earlier losses and providing fresh momentum for Wall Street after a cautious start to the week.

Oracle Powers Tech Comeback

Oracle (ORCL) shares soared over 9% following a strong earnings report released late Tuesday. The company beat analysts’ expectations with both top- and bottom-line results, citing robust demand for its cloud infrastructure and AI-related services. CEO Safra Catz highlighted a “record-breaking quarter” and emphasized the company’s aggressive expansion in AI cloud capabilities.

“Enterprises are doubling down on AI deployment, and Oracle is becoming their backbone,” Catz stated during the earnings call.

The upbeat results boosted investor sentiment across the tech sector, with peers like Microsoft (MSFT), Nvidia (NVDA), and Adobe (ADBE) also posting gains between 2% and 4%.

Markets Shake Off Fed Jitters

The rally comes despite lingering concerns about the Federal Reserve’s interest rate trajectory. While investors had grown wary of potential delays in rate cuts due to sticky inflation data, Wednesday’s market action suggested renewed risk appetite. The Nasdaq Composite also jumped 1.8%, while the Dow Jones Industrial Average climbed 0.9%.

“The Oracle results offered exactly the spark the market needed,” said Danielle Rourke, senior analyst at Cressida Capital. “It’s a reminder that tech earnings remain a strong driver of broader index performance, especially in an environment with so much uncertainty about monetary policy.”

Sectors in Motion

The information technology sector led the day, bolstered not only by Oracle but also by chipmakers and enterprise software companies. Energy stocks, however, lagged behind as oil prices dipped 1.2% amid demand concerns from China and mixed inventory data from the U.S.

Financials also showed modest strength, with big banks like JPMorgan Chase (JPM) and Bank of America (BAC) rising on improved bond yields.

Looking Ahead

Investors will be watching closely for Thursday’s Producer Price Index (PPI) and consumer sentiment data due Friday. Both are seen as key indicators of whether inflationary pressures are cooling — and how that might influence the Fed’s next move.

“The rebound today is encouraging,” said Samir Patel, portfolio manager at Franklin Edge Funds, “but we’re not out of the woods yet. The market is still highly sensitive to data.”

Live Market Snapshot (As of 1:30 PM ET):

• S&P 500: +1.4%
• Dow Jones: +0.9%
• Nasdaq Composite: +1.8%
• Oracle (ORCL): +9.3%
• Microsoft (MSFT): +2.6%
• Nvidia (NVDA): +3.8%

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