Brown Brothers Harriman’s (BBH) Elias Haddad notes that the US Dollar retains upside risk as US inflation is expected to heat up in May and the disinflation trend has stalled.
Danske Research Team describes Friday’s equity selloff as heavily concentrated in US semiconductor and large-cap tech names after a roughly 50% two‑month rally. The bank argues the move was not primarily driven by Iran headlines or US jobs data.
Dow Jones futures inch lower 0.04% to near 51,650, while S&P 500 futures fall 0.64% to near 7,550. And Nasdaq 100 futures plunge 1.23%, trading near 30,110 during the European hours on Friday, ahead of the US regular opening.