US stock futures point to a moderate decline as Oracle slumps

  • Shares of Oracle down 9.7% in the premarket

S&P 500 futures are down 18 points, or 0.4%, to reverse a 30-point gain yesterday.

Oil prices appear to be weighing and shares of Oracle are down 9.7% in the premarket after the software company reported $12.45 billion in revenue, lower than the $12.47 billion forecast by analysts.

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