Fed, Tech Views Set Wall Street to Fresh Highs Pre-Bell; Asia, Europe Up

07:18 AM EDT, 09/10/2025 (MT Newswires) -- Wall Street futures mostly pointed to fresh all-time zeniths pre-bell Wednesday as investors reviewed tech-sector outlooks and prospects for a Federal Reserve interest rate cut next week.

In the futures, the S&P 500 rose 0.3% and the Nasdaq inclined 0.2%, but the Dow Jones was off 0.1%.

Oracle (ORCL) shares jumped 31% pre-bell, after the cloud computing company said overnight that its contract backlog will likely exceed half a trillion dollars due to strong demand over the coming months.

The August US producer price index is scheduled to be released at 8:30 am ET, with pundits projecting a 3.5% annual rise on the PPI-core, that strips out certain food and fuel charges.

Gold was up 0.2% at $3,691.50 an ounce pre-bell.

Asian exchanges traded solidly higher on Wall Street cues, tech-sector rallies, and prospects for central-bank easing.

European bourses tracked moderately north midday on the continent.

On the economic calendar, in addition to the PPI release, is the weekly MBA mortgage applications report at 7 am ET, followed by the wholesale inventories bulletin for July at 10 am.

The weekly EIA petroleum status report posts at 10:30 am.

In pre-market action, Bitcoin traded at $112,318.43, West Texas Intermediate crude oil traded higher at $63.25, and 10-year US Treasuries offered 4.09%.

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