Dow Jones Top Markets Headlines at 5 AM ET: Oil, Treasury Yields Rise as Middle East Tensions Continue, While Stocks Are Mixed | China's ...
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Oil and Treasury yields rise amid ongoing Middle East tensions, while U.S. stock futures dip following Trump's remarks on Iran. China's producer price index increased by 2.8% in April, driven by global crude prices. Powell's legacy as Fed chair is under scrutiny as inflation persists. Wall Street is betting on higher oil prices with the 'NACHO' trade. India urges locals to pause gold purchases to protect foreign reserves. China exports more EVs than traditional cars for the first time. Tech unemployment rises to 3.8% due to AI-related layoffs.
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