Stock futures are little changed as Wall Street awaits another April inflation report: Live updates

April’s producer price index, another key inflation report, will be released at 8:30 a.m. on Wednesday morning.
This metal just set a new record, boosted by AI data center demand. Citi says it’s time to ‘chase the move higher’

Citigroup sees copper rising to $15,000 per metric ton, or approximately 7% above the metal’s Tuesday close.
Trump doesn’t need Congress to restart Iran strikes: Hegseth

The Iran war, now well into its third month, has caused oil prices to soar globally as Iran continues to lock down the Strait of Hormuz.
Trump says Makary is out as FDA commissioner, following industry and White House backlash

Makary’s tenure was marked by internal dysfunction at the FDA, leadership turmoil and mounting backlash from drugmakers and physicians on regulatory decisions.
Laid off GM employees describe ominous meeting, AI and severance

Several General Motors employees who were laid off Monday described their jobs being terminated to CNBC.
The stock market isn’t ignoring Iran. It’s rising for these three very real reasons

It’s time to take a closer look with stocks rallying into the third month of the U.S.-Iran conflict.
Stocks making the biggest moves midday: Wendy’s, Vestis, Cleanspark, Under Armour & more

These are the stocks posting the largest moves midday.
Senate confirms Kevin Warsh as Fed governor, clears way for chair vote

The upper chamber voted to approve Warsh’s nomination by a 51-45 vote, on a mostly party-line basis.
Qualcomm drops 13% as chip stocks pull back from record AI-driven rally

The recent rally has shown a broadening of the AI trade beyond chipmaking giant Nvidia.
It’s not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas

Here’s some of the places where prices are rising fast for consumers.