Oracle closes at $94.89, increasing by 89 cents and adding one more to its five straight day of gains

Yesterday at a glance: bullish sentiment helped the enterprise IT company to hammer out a noteworthy $93.48 to $95.11 range yesterday, and finally closing at $94.89 to end the session.

United States Initial Jobless Claims data will be released today at 12:30 UTC, with an expected decline to 200,000.

Oracle's uptick comes amid disappointing United States macroeconomic data released during the session – United States Crude Oil Inventories fell short of the -2.33 million projections, with new data of -3.74 million.

At the same time, United States ISM Non-Manufacturing PMI (Mar) released yesterday at 14:00 UTC with a figure of 51.2, while the previous figure was 55.1. United States ADP Nonfarm Employment Change (Mar) came out at 145,000, while a consensus of analysts was expecting 200,000.

While Oracle was bullish yesterday, the following technology stocks underperformed: Accenture plc Class A (Ireland) went down to $281.33, losing 1.58% after it closed at $285.84 yesterday. AMD decreases 3.45% yesterday to close at $95.87. TSM lost 2.14% yesterday and closed at $90.2.

Also worthy of note, tomorrow at 12:30 UTC data for United States Non Farm Payrolls will be released, with an expected decline to 239,000 from the preceding figure of 311,000. United States Initial Jobless Claims projected to decline to 200,000 while previous data was 198,000; data will be released today at 12:30 UTC.

Furthermore, the market is looking at United States Unemployment Rate figure is projected at 3.6. It previously stood at 3.6; data will be released tomorrow at 12:30 UTC.

The US tech hardware giant is now trading 0.94% below the significant high of $94.89 it set around a day ago.