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Bloomberg News Now

Stocks Close Mixed, SpaceX 5th Largest Stock, Overtakes Amazon, More

16 Jun 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What key developments are impacting the stock market today?

0.031 - 4.903 Ashley Roberts

The Big Take podcast from Bloomberg News keeps you on top of the biggest stories of the day.

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5.304 - 8.552

My fellow Americans, this is Liberation Day.

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8.993 - 10.216 Ashley Roberts

Stories that move markets.

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10.496 - 14.326

Chair Powell opened the door to this first interest rate cut.

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14.526 - 32.578 Ashley Roberts

Impact politics. Change businesses. This is a really stunning development for the AI world. And how you think about your bottom line. Listen to The Big Take from Bloomberg News every weekday afternoon on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

32.598 - 60.2 Amy Morris

News when you want it with Bloomberg News Now. I'm Amy Morris. And there's your closing bill for this Tuesday on Wall Street, where a rally faltered a day ahead of the first Fed rate decision under new chair Kevin Warsh. Here are your closing numbers. We bring them to you each day here at Bloomberg. The S&P 500 lost 43 points, NASDAQ down 307 points, and the Dow gained 332 points.

60.741 - 81.268 Amy Morris

The 10-year Treasury yield at 4.43%, the 2-year yield at 4.05%. WTI crude oil down nearly 5%, landing around $77 a barrel. And Brent crude is down a little more than 4%, a little over $79 a barrel. Bloomberg News has seen a copy of the Memorandum of Understanding with Iran.

81.549 - 89.008 Amy Morris

Bloomberg National Security Team Leader Nick Wadhams says there are immediate financial incentives for Iran as soon as they sign the deal.

89.028 - 105.835 Paul Byrne

The U.S. lifts all of its waivers on the sale of Russian oil. Sanctions will be released eventually. Iran would get access to its frozen funds that are locked in overseas accounts. What the U.S. gets in response is essentially, OK, a commitment from Iran not to pursue a nuclear weapon.

Chapter 2: What recent actions have the U.S. and Iran taken regarding oil sanctions?

359.619 - 380.608 Ashley Roberts

Change businesses. This is a really stunning development for the AI world. And how you think about your bottom line. Listen to The Big Take from Bloomberg News every weekday afternoon on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. The Big Take podcast from Bloomberg News keeps you on top of the biggest stories of the day.

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381.009 - 384.277

My fellow Americans, this is Liberation Day.

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384.698 - 385.921 Ashley Roberts

Stories that move markets.

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386.222 - 390.051

Chair Powell opened the door to this first interest rate cut.

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390.231 - 407.16 Ashley Roberts

Impact politics. Change businesses. This is a really stunning development for the AI world. And how you think about your bottom line. Listen to The Big Take from Bloomberg News every weekday afternoon on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

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