U.S. equity futures rose on Thursday as Wall Street weighed the latest inflation data, which came in lighter-than-expected. Futures linked to the S&P 500 advanced 0.7%, while Nasdaq 100 futures added 1.3%. Futures tied to the Dow Jones Industrial Average gained 188 points, or 0.4%. Micron Technology jumped 13% in premarket trading after the semiconductor play topped Wall Street estimates on the top and bottom lines for the fiscal first quarter and offered a strong revenue forecast for the current period. The delayed November consumer price index report – the first one issued to the public since the U.S. government shutdown ended last month – showed that the headline annual inflation rate was 2.7%, according to the Bureau of Labor Statistics. The 12-month rate for core CPI, which excludes food and energy, was 2.6%. Economists polled by Dow Jones had expected the rate for the headline measure and core CPI to come in at 3.1% and 3%, respectively. The report, which didn’t include month-over-month percent changes, was pushed back from its original release date of Dec. 10. The BLS had canceled the release of the October inflation report in late November as a result of the longest-ever U.S. government shutdown. Stocks are coming off of a rough trading session, pressured by sharp losses in leading semiconductor names tied to the artificial intelligence trade. The S&P 500 and the 30-stock Dow closed out their fourth negative day. The Nasdaq Composite was the laggard of the three major indices, losing 1.8%. In the regular session, Oracle slid more than 5% after the Financial Times reported that the cloud infrastructure company’s primary investor pulled out of its $10 billion Michigan data center. Concerns about the high capital costs behind massive data center deals, such as Oracle’s, sent shivers throughout the market and led several chipmakers to decline in sympathy throughout the session. Broadcom lost 4.5%, while shares of Nvidia and Advanced Micro Devices also fell. Even as investors have been rotating away from tech names as of late, the sector is on pace to end 2025 with a roughly 19% advance. “Oracle’s bad day continues to add to the recent tech jitters, but it’s important to take a step back and consider that technology is still up 20% for the year and just had one of its longest win streaks in history,” said Ryan Detrick, chief market strategist at Carson Group. “The bottom line: some air is being let out of the balloon, but the overall market is hanging in there, all things considered.” The benchmark 10-year Treasury yield moved lower on Thursday as investors digested delayed inflation data that showed cooling price pressures. The yield on the 10-year Treasury fell 2 basis points to 4.127%. The 2-year Treasury yield declined by 3 basis points to 3.454%. The 30-year Treasury bond yield was flat at 4.828%. Asia-Pacific markets tumbled Thursday as investors on Wall Street continued to rotate out of tech. The Bank of Japan will kick off its two-day meeting, with the central bank expected to raise rates to 0.75% Friday, its highest level in 30 years. Japan’s Nikkei 225 lost 1.03% to close at 49,001.5, leading losses in Asia, while the Topix fell 0.37% to 3,356.89. South Korea’s Kospi was down 1.53% to 3,994.51, and the small-cap Kosdaq was 1.07% lower at 901.33. Australia’s S&P/ASX 200 closed flat at 8,588.2. Hong Kong’s Hang Seng index traded 0.76% lower, while the mainland CSI 300 declined 0.59% to 4,552.79. Oil prices rose slightly on Thursday as investors assessed the likelihood of further U.S. sanctions against Russia and the supply risks posed by a blockade of Venezuelan oil tankers. Brent crude rose 32 cents or 0.54% to $60 per barrel. U.S. West Texas Intermediate crude was up 38 cents, or 0.68%, at $56.32 per barrel. U.S. intentions to impose more sanctions against Russia and its threatened blockade of tankers under sanctions and carrying Venezuelan oil pushed prices higher, PVM analyst John Evans said. Gold prices slipped on Thursday, weighed down by a stronger dollar as investors remained cautious ahead of U.S. inflation data that could shape the Federal Reserve’s policy path, while silver hovered near record highs. Spot gold fell 0.4% to $4,324.47 an ounce. U.S. gold futures also eased 0.4% to $4,355.70. The dollar index edged up after touching a nearly one-week high on Wednesday, making greenback-priced bullion more expensive for overseas buyers. Spot silver fell 0.4% to $66.02 an ounce, after hitting a record high of $66.88 in the previous session.