Dow Jones Top Markets Headlines at 7 AM ET: Stock Futures Weaker Amid U.S. Strikes Against Iran | Oil ...

Stock Futures Weaker Amid U.S. Strikes Against Iran

U.S. stock futures were retreating, led by tech-focused Nasdaq-100 contracts, and global markets were mostly lower.

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Oil Prices Rise After U.S. and Iran Launch Fresh Strikes

The U.S. launched fresh strikes against Iran while both sides continue to work toward a peace agreement.

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Eurozone Business Confidence Inches Higher as Price Expectations Cool

Selling-price expectations eased across all business sectors, interrupting the steep upward trend seen in the last two months.

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Fed's Goolsbee Warns U.S. Economy Heading in 'Stagflationary' Direction

The Chicago Federal Reserve president warned that the persistent combination of energy shocks and stubborn inflation could push the U.S. economy into a "stagflationary" direction.

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U.S. Military Conducts New Strikes on Iran

The strikes came after Iran launched drones at commercial ships in the Strait of Hormuz. Iran said it struck at a U.S. base in response.

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Fed's Independence Still Under Threat, ECB's Lagarde Says

The capacity of policymakers to make decisions that might displease the government is under increasing threat, the head of the European Central Bank said.

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Bank of Korea Stands Pat But Signals Tighter Policy Ahead

South Korea's central bank held rates steady at its first meeting under Gov. Shin Hyun-song, though it signaled tighter policy ahead as it raised forecasts for economic growth and inflation.

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Fed's Cook Ready To Raise Rates If Disinflation Fails to Appear in Timely Manner

Federal Reserve governor Lisa Cook said the right course of action is to hold interest rates steady for now, but she is prepared to raise rates if inflation persists.

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How Long Can Iran Withstand the Economic Pain of the U.S. Blockade?

Tehran is weighing whether it can weather economic hardship long enough to extract more concessions in talks with Washington.

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Bank of Mexico Cuts 2026 Economic Growth Forecast After Weak Start

In its quarterly report, the central bank said that it expects gross domestic product to expand 1.1% this year, down from its previous forecast of 1.6%. For 2027, the bank nudged its GDP forecast up to 2.1% from 2% previously.

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FTSE Russell Latest to Make U.S. Index Inclusion Easier Ahead of SpaceX IPO

Large-cap companies can be included in the Russell series of indexes after five days of public trading if the value of their publicly available shares is larger than the index cutoff.

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U.S. Mid Atlantic Factory Activity Jumped in May

The survey's composite index was 13, up from 3 in April, with all three of its component indexes for shipments, new orders and employment rising.

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EU Plans to Reserve Most of Mobile Satellite Spectrum for Homegrown Operators

The EU proposed an overhaul of how licenses are granted for the 2 gigahertz MSS frequency band that is used for satellite communications, after May 2027, when licenses held by U.S. companies Viasat and EchoStar are due to expire.

(END) Dow Jones Newswires

May 28, 2026 07:15 ET (11:15 GMT)