Amy Morris

Brent crude at $107 a barrel.

And Bitcoin is up about a half percent, near $67,000.

U.S.

consumer confidence unexpectedly rose in March on slightly more upbeat views of business and labor market conditions.

But the conference board's senior U.S.

economist, Yelena Shelyacheva, says there's more to that data.

A measure of expectations for the next six months fell in March to 70.9.

A gauge of present conditions rose.

Consumer confidence remains subdued compared to recent years as consumers remain cautious about job prospects and inflation.

Trade Representative Jameson Greer says preparations for President Trump's meeting with Chinese counterpart Xi Jinping are on track after the high-profile summit was postponed to May amid the war in Iran.

Greer believes relations between the U.S.

and China are getting better.

Trade Representative Jameson Greer spoke exclusively on Bloomberg surveillance.

NVIDIA says it invested $2 billion in Marvell technology, part of an agreement to collaborate on silicon photronics to make AI services more affordable.

Shares of NVIDIA jumped more than 3%.

Shares of Marvell jumped about 8%.

Unilever has agreed to combine its food business with Spicemaker McCormick in a $44.8 billion deal, creating a global seasoning, sauces and condiments company.

The combined company will have revenue of about $20 billion.

Bloomberg Intelligence Senior Equity Analyst Diana Gomes says the merger makes sense, but there are risks.

And that's why shares of Unilever are about 7% lower and McCormick shares are more than 5% lower.