U.S. stock futures are pointing to a slightly higher open on Thursday, June 12, 2025, as investors continue to process yesterday’s U.S.-China trade agreement and softer-than-expected inflation data. The stock market today<\/a><\/b> looks to recover after Wednesday’s mixed session that saw major indexes retreat from earlier gains.<\/p>\n As of 6:30 a.m. ET, S&P 500<\/a> futures are up 0.3%, while Nasdaq Composite futures have gained 0.4%, suggesting a potential rebound for technology stocks. Dow Jones<\/a> Industrial Average futures are showing more modest gains of 0.2%.<\/p>\n On Wednesday, the S&P 500 fell 0.3% to 6,022.24, snapping a three-day winning streak, though the benchmark index remains less than 2% away from its all-time high. The Nasdaq Composite dropped 0.5% to 19,615.88, while the Dow Jones Industrial Average finished essentially flat at 42,865.77, down just 1.10 points.<\/p>\n Wednesday’s Consumer Price Index (CPI<\/a>) report showed inflation rose less than expected in May, with the headline figure increasing 0.1% month-over-month versus the anticipated 0.2%. Year-over-year, CPI rose 2.4%, while core CPI (excluding food and energy) climbed 2.9%.<\/p>\n The softer inflation data has bolstered expectations for Federal Reserve interest rate cuts later this year, helping to support bond prices. The yield on the 10-year Treasury note dropped to 4.91%, while the 2-year yield fell below 3.95%.<\/p>\n Market participants are also digesting details of the U.S.-China trade agreement announced Wednesday. President Trump confirmed that tariffs on Chinese goods will remain at 55% – a figure that includes the 25% tariffs from the previous administration plus the 30% tariffs introduced this year. Some investors had hoped for lower levies, which may have contributed to Wednesday’s late-session pullback.<\/p>\n “The market was hoping for a more substantial reduction in tariffs,” noted market strategist Thomas Essaye of Sevens Report Research. “This essentially confirms that the 55% tariff level on Chinese goods is here to stay for the foreseeable future.”<\/p>\n Among premarket movers<\/a><\/b> today, Intel Corporation (INTC<\/a>) continues to face pressure after tumbling 6.3% on Wednesday. The chipmaker’s struggles have weighed on the broader semiconductor sector.<\/p>\n Several companies are scheduled to report earnings before the opening bell today. America’s Car-Mart (CRMT<\/a>) is expected to report quarterly earnings of $0.87 per share, representing a substantial 1350% increase compared to the same quarter last year. The Lovesac Company (LOVE<\/a>) is projected to post a loss of $0.84 per share, while Hooker Furnishings Corporation (HOFT<\/a>) is expected to report a loss of $0.16 per share, an improvement from the year-ago period.<\/p>\n Energy stocks have shown relative strength, with the Energy Select Sector SPDR (XLE<\/a>) rising 1.5% on Wednesday as U.S. commercial crude oil inventories decreased by 3.6 million barrels for the week ended June 6. Materials and Consumer Discretionary sectors were the weakest performers yesterday, falling 1% and 0.8%, respectively.<\/p>\nInflation Data and Trade Deal Impact<\/h2>\n
Premarket Movers and Earnings Watch<\/h2>\n
Sector Performance and Market Outlook<\/h2>\n