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Investing.com - U.S. stock index futures pointed lower on Thursday as investors digested another round of technology earnings and monitored escalating tensions in the Middle East that pushed oil prices back above $98 a barrel, renewing concerns over inflation and global growth.
Dow Hits Milestone High as Investors Watch Fed and Iran Developments
(Bloomberg) -- US plastic suppliers say they are running out of room to absorb high costs of raw materials, raising the prospect of price increases for consumer goods ranging from groceries to cars later this year.Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeXbox Plans Significant Layoffs as New CEO Plans OverhaulTrump Insists Iran Deal Is Close After Scrapping New StrikesTrump Vows New Attacks on Iran, Threatens Key Energy TargetsUAE and Iran Meet Face-to-Fa
With inflation pressures resurfacing and commodity markets reacting to geopolitical developments, Dow Inc. and Global Partners may be well positioned to navigate the current environment.
Broker upgrades spotlight Dow, Arrow Electronics and Lumentum as U.S. stocks reflect resilience amid oil, Middle East and tariff risks and inflation concerns.
Inflation complicates Fed’s rate plans, Trump’s global tariffs get a reprieve, plastic prices are surging, and more news to start your day.
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