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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InAmid a cautious atmosphere in global markets ahead of critical economic data, Nasdaq 100 futures fell 1.5% and S&P 500 contracts dropped 1.0%. According to reports, NVDA led the decline among mega-cap tech stocks with a 2.4% slide in pre-market trading, while Brent crude rose 1.7% to approximately $93 a barrel following geopolitical threats against Iran. These movements come as markets price in a potentially hot US inflation report expected to show figures above 4%.
This retreat reflects broader pressure on the semiconductor sector, with market data showing declines in peers such as AMD and TSM, which closed at $511.57 and $423.93 respectively on June 12, 2026. Investor sentiment was further dampened by Japan's Producer Price Index (PPI) data coming in stronger than anticipated, reinforcing fears that global inflationary pressures remain persistent and may delay any pivot in central bank policies.
Based on closing levels on June 12, 2026, MSFT stood at $390.74 and AAPL at $291.13, marking these as key technical levels to watch at the opening bell. Investors should closely monitor the upcoming US CPI release as the primary catalyst for market direction, alongside any further geopolitical escalations that could impact energy prices and exacerbate volatility in high-growth technology equities.