Amy Morris
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That's news when you want it with Bloomberg News Now.
I'm Amy Morris and this is Bloomberg.
News when you want it with Bloomberg News Now.
I'm Amy Morris.
And there's your closing bell for this Friday on Wall Street, where hopes for a deal between the U.S.
and Iran fueled optimism that drove stocks toward their longest streak of weekly gains since 2023.
And, of course, we bring you those closing numbers each day here at Bloomberg.
The S&P 500 gained 28 points.
NASDAQ gained 51 points.
And the Dow gained 294 points.
WTI crude now below $97 a barrel and Brent crude just topping $103 a barrel.
And bond markets closed at two this afternoon for the Memorial Day weekend.
Sources tell Bloomberg Anthropic is set to close its latest round of funding, which may top the $30 billion mark at a valuation above $900 billion as soon as next week.
In national news, Director of National Intelligence Tulsi Gabbard is resigning to help her husband confront a bone cancer diagnosis.
President Trump says Aaron Lucas, Principal Deputy Director of National Intelligence, will serve as acting.
Gabbard's resignation is effective June 30th.
Kevin Warsh is the 17th chair of the Federal Reserve, sworn in today by Justice Clarence Thomas.
Warsh takes over at a tense moment for the economy and the central bank.
President Trump.