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Latest news with #BloombergBrief

Stocks Muted; Trump's Tariffs Win Reprieve; US-China Talks Stalled
Stocks Muted; Trump's Tariffs Win Reprieve; US-China Talks Stalled

Bloomberg

time4 days ago

  • Business
  • Bloomberg

Stocks Muted; Trump's Tariffs Win Reprieve; US-China Talks Stalled

US equity futures hover as President Trump's tariff regime wins a reprieve from a court order which blocked country-specific levies. Treasury Secretary Scott Bessent says trade talks between the US and China have stalled. An obscure item in the "Big Beautiful" tax bill is alarming Wall Street. Wei Li of BlackRock suggests not to predict the next stop of policymaking but rely on immutable laws for certainty instead. Cayla Seder of State Street says the consumer still looks okay in aggregate. 'Bloomberg Brief' delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)

Stocks Rally; US Court Blocks Tariffs; Nvidia Delivers
Stocks Rally; US Court Blocks Tariffs; Nvidia Delivers

Bloomberg

time5 days ago

  • Business
  • Bloomberg

Stocks Rally; US Court Blocks Tariffs; Nvidia Delivers

US equity futures rally as Nvidia delivered a positive forecast despite policy concerns and as the US Court of International Trade blocks most of President Trump's global tariffs. PIMCO President Christian Stracke discusses the concerns over fiscal exhaustion in the market. Julian Emanuel of Evercore ISI says the market is still expensive right now, backdropped by a high level of uncertainty. Frank Lee of HSBC says Nvidia managed to overcome the market's fears in this quarter with its results. 'Bloomberg Brief' delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)

Stocks Dip as Risk Appetite Fades; US-Iran Near Nuclear Deal
Stocks Dip as Risk Appetite Fades; US-Iran Near Nuclear Deal

Bloomberg

time15-05-2025

  • Business
  • Bloomberg

Stocks Dip as Risk Appetite Fades; US-Iran Near Nuclear Deal

US equity futures fall as enthusiasm for Wall Street's rally fades. Oil prices fall as President Trump says Washington is nearing a nuclear deal with Tehran. Trump also says that India has offered to drop all tariffs on US goods. Shares of UnitedHealth dip after a report on the firm's criminal investigation. Ella Hoxha of Newton Investment Management discusses the bond market looking increasingly nervous about the fiscal element of US politics. Mark Malek of Siebert Financial says investors shouldn't ignore the dorsal fin of goods inflation rising to the surface. 'Bloomberg Brief' delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)

Trump Winds Down Riyadh Trip; Humain & Big Tech's Gulf Deals
Trump Winds Down Riyadh Trip; Humain & Big Tech's Gulf Deals

Bloomberg

time14-05-2025

  • Business
  • Bloomberg

Trump Winds Down Riyadh Trip; Humain & Big Tech's Gulf Deals

US equity futures fluctuate after the S&P 500 and the Nasdaq 100 erased year-to-date losses. The dollar weakens on news of currency talks between the US and South Korea. President Trump winds down his visit to Saudi Arabia after a slew of deals were cut by American big tech firms and the Kingdom's newly created AI firm, Humain. Republicans say a SALT cap deal is likely. Kallum Pickering of Peel Hunt says the "hopium" theme running through markets is unsustainable in spite of trade war de-escalation. Marvin Loh of State Street says there remains a stagflation concern. 'Bloomberg Brief' delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)

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