Dow Futures, Dollar Drop
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Stock futures are lower Thursday as investors await more signs of progress on trade negotiations and respond to fresh economic data.
4hon MSN
Trump said he plans to send letters to U.S. trading partners over the next two weeks offering them unilateral tariff deals, and they can choose to “take it or leave it.”
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).
U.S. stock futures have trimmed their losses on Thursday following the latest batch of U.S. economic data, although they continued to point to a weak open on Wall Street. Weakness in stocks overnight was driven by geopolitical tensions involving Iran and news of a plane crash in India.
Stock futures perked up slightly but were still trading lower after May wholesale price inflation ticked up only slightly. The producer price index for May rose at a 2.6% annual rate in May, matching economists' expectations and increasing just 0.
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US stock futures declined by up to 0.7 percent on June 12, as investor sentiment turned cautious following renewed trade threats of unilateral tariffs by from US President Trump on trading partners in coming weeks, and a rise in crude oil prices after simmering middle east tensions involving Iran.
Trump’s tariffs and the latest trade deal with China continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
Stocks were headed for losses on Wednesday after a plan by China and the U.S. to get trade negotiations back on track left investors feeling underwhelmed. Inflation data later in the morning could [te
U.S. stock index futures slipped on Thursday as signs of rising tensions in the Middle East weighed on risk sentiment and investors sought more clarity on Washington's recent trade deals with China.