Amy Morris
๐ค SpeakerAppearances Over Time
Podcast Appearances
It would also be bigger than Meta and Tesla and all but five of the companies in the S&P 500 index, including NVIDIA, Apple, Alphabet, Microsoft and Amazon.
Some tariff news from the White House.
The Trump administration will maintain 50 percent tariffs on many imported steel, aluminum and copper products while simplifying duties for goods made with negligible amounts of those metals.
The Trump administration will also impose tariffs on certain imported medicines with rates of as much as 100 percent to pressure drug makers to manufacture more in the U.S.
Stocks overcame some early losses to finish with slim gains and close out their first winning streak since the start of the Iran war.
Oil prices remain elevated, however, having soared after last night's national address from President Trump, where he vowed the U.S.
will continue to attack Iran,
and failed to offer a clear timetable for ending the conflict in the Middle East.
WTI is more than 11% higher at nearly $112 per barrel.
Brent crude is more than 7% higher at nearly $109 per barrel.
We bring you those closing numbers each day here at Bloomberg.
The S&P gained 7 points.
NASDAQ up 38.
The Dow lost 61 points.
The 10-year Treasury yield at 4.3%.
The two-year yield at 3.8 percent.
Bitcoin nearly 2 percent lower, near $67,000.
Attorney General Pam Bondi is being removed from her post as head of the Justice Department.
President Trump posted on social media that Bondi will transition to a, quote, important new job in the private sector.
It is not clear what that job would be.