US Futures flat as PPI looms; Strategist flags 3 key risks
US stock futures were flat after two record sessions as traders await PPI and jobless claims data. Morgan Stanley's Lisa Shalett warned of slowing labor markets, weak underlying earnings, and tariff-driven inflation risks. She advised adding gold, REITs, energy, and commodities while focusing on quality US large-caps. Crude and gold edged higher; 10-yr yield fell to 4.238%.