Oracle currently down 1.03% halfway through today

The enterprise IT company crashes after losing 1.03%, down to $94.46.

United States's Consumer Confidence new data released of 101.3 below its previous figure.

Highly important Consumer Confidence data from United States beat analyst expectations of 104 with a reading of 101.3.

While price action maintains a negative bias, United States New Home Sales (Mar) came out at 683,000, while a consensus of analysts was expecting 630,000. United States Building Permits released today at 12:10 UTC with a figure of 1.43 million, while the previous figure was 1.55 million.

Oracle's stock value drop coincides with Intuit is trading around $419.98 (down 5.05%). Texas Instruments is down 2.92% from the beginning of the session and now trades around $170.76. Qualcomm is down to $113.72, losing 3.09%, after ending yesterday at $117.35.

With markets struggling for positive sentiment, upcoming macro data could potentially attract buyers in the market as projections for United States Core Durable Goods Orders are set for a continuation of decline with -0.2% while previous data was -0.1%; data will be released tomorrow at 12:30 UTC.

Some optimism can drawn from the fact that United States Crude Oil Inventories is projected to outperform its last figure with -1.67 million. It previously stood at -4.58 million; data will be released tomorrow at 14:30 UTC.

The stock has been trending positively for about a month. The enterprise IT company is up 56.28% from the significant low of $61.07 it hit 6 months ago.