Swingfolio Daily — US Markets
US briefings — Wednesday, June 10, 2026
Pre-market setup and closing-bell recap for Wednesday, June 10, 2026. Observations only — no trade advice.
Wednesday, June 10, 2026
US Pre-Market June 10 2026: Futures Lower as Iran Strikes Meet a 4.2% CPI
US equity futures pointed lower into the June 10 open after the United States struck Iran overnight and May CPI ran at 4.2% over the year, the hottest since April 2023. S&P futures fell 0.47% and Nasdaq futures 0.67% as semiconductors led the retreat, with NVDA.US, AMD.US and AVGO.US all down more than 1% pre-market. Energy, defense and staples drew the bid, while gold slid 2.30% as the rate repricing outweighed the haven trade.
Chips lead a 1.62% S&P 500 drop as a hot CPI and Iran tensions hit Wall Street
US equities sold off on 10 June 2026, with the S&P 500 down 1.62% to 7,266.99 and the Nasdaq off 1.98%, led by semiconductors after a hotter 4.2% May CPI print coincided with fresh Iran tensions that pushed WTI crude up 4.14%. Super Micro fell 27.98% on a $7 billion equity raise, while Oracle dropped more than 7% after hours despite record quarterly revenue as full-year capex reached $55.7 billion.