Karen Moscow

John.

Thanks, John.

And that's news when you want it with Bloomberg News Now.

I'm Karen Moscow.

And I'm Karen Moscow.

Nathan, President Trump also discussed geopolitics in the NBC News interview.

The president had a message for Iran's supreme leader ahead of indirect talks with the country tomorrow.

And President Trump has threatened military action against Iran if it does not reach a deal on its nuclear program.

The White House says both sides still plan to meet in Oman tomorrow.

President Trump also touched on his hour-long call yesterday with Chinese President Xi Jinping.

He said they covered a lot of topics and that it's important that both leaders have a good relationship.

Well, sticking with politics here, Nathan, today voters in northern New Jersey will select nominees in a special Democratic congressional primary to replace Governor Mikey Sherrill in the Republican-led U.S.

House.

Bloomberg's Lisa Mateo has more on the lineup of contenders.

Nathan, we turn to the markets now, and there's been a momentary pause to the global tech sell-off.

NASDAQ futures are higher after the index erased its gains for the year over the past two sessions.

Traders are weighing whether the flight from tech has been excessive amid concerns over disruption from artificial intelligence, lofty valuations, and vast capital outlays.

This morning, shares of Alphabet are down more than 2.5%.

The Google parent did top quarterly revenue estimates but says capital spending on A.I.,

will be significantly higher than anticipated.