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Chapter 1: What key developments are impacting the stock market today?
The Big Take podcast from Bloomberg News keeps you on top of the biggest stories of the day.
My fellow Americans, this is Liberation Day.
Stories that move markets.
Chair Powell opened the door to this first interest rate cut.
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.
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.
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.
Bloomberg National Security Team Leader Nick Wadhams says there are immediate financial incentives for Iran as soon as they sign the deal.
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.
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Chapter 2: What recent actions have the U.S. and Iran taken regarding oil sanctions?
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.
My fellow Americans, this is Liberation Day.
Stories that move markets.
Chair Powell opened the door to this first interest rate cut.
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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