US CPI Data Meets Expectations, Major US Stock Indices Open Lower

Wallstreetcn
2026.06.10 13:30

US inflation accelerated in May, but the month-on-month increase in core indicators was lower than expected. Reports stated that Trump was "close" to ordering strikes on Iranian power plants and bridges. The NASDAQ Composite Index fell 0.64% in early trading, the S&P 500 dropped 0.42%, and the Dow Jones Industrial Average declined 0.37%. Most US technology stocks trended lower, with NVIDIA dropping over 1% and Micron Tech falling more than 2%; Oracle declined over 3%, with the company set to release its earnings report after hours.