Israel, Iran and Dow Jones industrial average
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Stock futures fell sharply early Thursday, pointing to a rocky open as Wall Street grapples with a tragic plane crash involving Dow component Boeing (BA) and digests a blockbuster earnings report from software giant Oracle (ORCL).
Trump’s tariff threats and Boeing crash drag Dow, while mixed inflation and jobs data raise questions about the Fed’s next move. US stock market reacts sharply.
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Considerable on MSNStock market futures fall amid mixed corporate newsStock futures slide amid mixed results. The core Consumer Price Index (CPI), which excludes food and energy prices, also saw smaller-than-anticipated increases. Scott Wren, senior
Global markets were under pressure amid escalating Middle-East tensions, as US index futures fell, oil prices surged, and safe-haven gold approached record highs.
US stock market opened volatile on June 12, 2025, as President Donald Trump announced a “done” trade deal with China, yet market reactions stayed cautious. Despite Trumps claim of a 55% China tariff,
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Market downturn came hours after Trump said his administration intends to send letters to US trade partners to formally establish new tariff terms.
In Europe, the Stoxx Europe 600 dropped 1% in morning trading. Frontline rose 6.1% and Aker BP added 4.6%. On the other hand, Carnival slipped 5.1%, and Intl Consld Airlines sunk 4.9%. The FTSE 100 lost 0.6%. Other stocks in Europe were down as France's CAC 40 decreased 1.2% and Germany's DAX fell 1.4%.
Futures tied to the S&P 500 and Dow Jones Industrial Average rose after the latest monthly inflation report. Consumer prices were up 2.4% in May from a year earlier, the Labor Department said Wednesday,
Surprise Showing: CBOT grain futures surged after the EPA released a proposal for new biofuel blending requirements that are higher than expected by the market, with 5.61 billion gallons expected in 2026 and 5.86 billion gallons expected for 2027. The release spurred cheers from the renewable energy sector.
U.S. stock futures were rising on Wednesday early morning after data showed consumer prices rose less than expected in May. The Dow Jones Industrial Average futures were rising about 85 points, or 0.2%,