Stocks Rise As S&P Eyes Strong Weekly Gain; Richemont Jumps
US equity futures rise, driving the S&P 500 toward a strong weekly gain. President Trump wraps up his Middle East trip. European officials gather in Albania for a summit on migration and the Russia-Ukraine war. 13F filings reveal that hedge funds trimmed their tech exposure in the first quarter. Michael Sneyd of BNP Paribas says the chance of the US avoiding a recession has risen. Jose Torres of Interactive Brokers says inflation data showed a bifurcation between the price of goods and the cost of services. Jose Torres of Interactive Brokers says inflation data showed a bifurcation between the price of goods and the cost of services. "Bloomberg Brief" delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)
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