US markets today: Oracle slump drags S&P 500 lower; most stocks rise as yields ease

Market Overview - The S&P 500 slipped 0.4% in early trade, moving further away from its October record high [4][6] - The Dow Jones Industrial Average rose 233 points, or 0.5%, while the Nasdaq Composite fell 0.7% [4][6] Company Performance - Oracle's shares fell 14.5% after its quarterly revenue growth of 14% came in below expectations, despite stronger-than-expected profit [4][6] - Concerns were raised regarding Oracle's heavy spending on artificial intelligence (AI) and its potential impact on productivity and earnings [4][6] - Nvidia's shares dropped 2.8%, reflecting broader concerns in the AI sector [4][6] - Disney's shares rose 2.1% following a three-year deal with OpenAI to use over 200 characters for AI-generated short videos, along with a $1 billion investment [5][6] - Oxford Industries tumbled 15.1% after warning that consumers are becoming "highly value-driven" and lowering its full-year revenue outlook [5][6] - Vera Bradley fell 26% after reporting a deeper-than-expected loss [5][6] Economic Indicators - A broad easing in Treasury yields supported most stocks, with the 10-year US Treasury yield falling to 4.10% from 4.13% [4][6] - Weekly jobless claims rose more than forecast, suggesting potential pressure in the labor market [4][6] - The US Federal Reserve cut interest rates for the third time this year and signaled the possibility of further easing in 2026 [5][6] International Markets - European indices were marginally higher after declines across most Asian markets [5][6] - Japan's Nikkei 225 fell 0.9%, weighed down by a drop in SoftBank Group shares [5][6]