RBC Capital Markets turned bullish on two of the most battered names in commodity chemicals this week, upgrading both Dow Inc.
US indices plunge at the open on Monday, but at this point, we have seen a bit of a recovery that is worth watching.
US stock futures pointed to more selling on Wall Street to start the week, after oil prices surged above $100 and changed the outlook on inflation and interest rates. Dow Jones futures were down 1%, with the S&P 500 off 0.9% and the Nasdaq set to fall 0.9%, as energy prices were sent rocketing overnight due top escalating Middle East hostilities.
US stock futures tumbled Monday morning as oil prices soared past $100 a barrel for the first time since 2022 – fueling fears that a prolonged conflict in Iran could hammer prices at home.
US stock index futures dropped sharply on Monday as surging oil prices and escalating tensions in the Middle East heightened concerns about inflation and the risk of a broader economic slowdown. Futures tied to the Dow Jones Industrial Average fell more than 523 points in early trading, while S&P 500 and Nasdaq 100 futures declined by more than 1% as investors reacted to a spike in energy prices and growing geopolitical uncertainty.
The Dow Jones Industrial Average (NYSE: DIA) had a rough week, falling 2.95% as tariff anxiety, macro uncertainty, and a VIX spike to 23.75 rattled blue-chip investors.
Resurgent crude prices sent Wall Street spiraling to kick off Monday, and that set the tone for the week.
The US indices are seeing sellers in Europe and Asia, but at this point in time, it is worth noting that the Americans continue to buy dips.
Stocks are falling sharply on Wall Street Thursday, including a 1,000-point slump for the Dow Jones Industrial Average, as oil prices rise further because of the war with Iran.
The S&P 500, Dow Jones Industrial Average (Dow), and Nasdaq Composite are all stock market indexes used to measure the performance of various aspects of the U.S. stock market.
US futures were pointing to a softer open on Wall Street on Thursday, after Iran de-escalation hopes earlier boosted European markets before being played down. Dow Jones futures were down 0.5%, with the S&P 500 and the Nasdaq both slipping 0.2%.
The Dow Jones Industrial Average, commonly just called the Dow Jones or the Dow, includes 30 giant publicly listed companies with U.S.