US equity futures slump and oil extends gains as President Trump says a tentative ceasefire with Iran is over. The US had struck 80 sites in Iran ahead of the president’s remarks at the NATO Summit in Ankara, Turkey. Mark McCormick of BMO Capital Markets discusses the impact of fresh geopolitical tensions.

00:00:00 Bloomberg Brief Begins
00:00:39 Opening Headlines: Trump says Iran cease-fire is over
00:02:15 Asian markets slide as Korea enters a bear market
00:03:32 European markets, bonds and Le Pen reaction
00:05:38 NATO leaders face renewed Middle East tensions
00:09:39 Iran’s overnight retaliation and Strait of Hormuz risks
00:13:40 Top Stories Trending on Terminal
00:15:01 AI trade rotation: Investors shift from Korea to China
00:17:36 Front Page News: Manhattan tower, Le Pen & UniCredit
00:23:02 First Look Movers: Alibaba, Micron, SanDisk & Navitas
00:24:09 Mark McCormick, BMO Capital Markets Chief FX Strategist
00;33;35 Trump Interview & political implications, Obamacare premiums
00:39:29 AI Rotation Continues: Alibaba and China Tech
00:42:29 What to Watch: FOMC Minutes, Trump & Markets
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.

On today’s show, stocks fell for a second day as investors rotated out of technology shares, deepening a selloff in chipmakers after the sector’s blistering rally earlier this year.

SpaceX said it will aim to launch its Starship rocket again in a few days after aborting Thursday’s mission when some of its engines didn’t fire up, sending shares lower.

And Bloomberg has learnt that incoming UK Prime Minister Andy Burnham is preparing to announce new drilling for oil and gas in the North Sea, as well as taking public control of Thames Water.

Today’s guests: Jackie Bowie, Chatham Financial, Senior Managing Director & Håkan Samuelsson, Volvo Cars, CEO

Chapters:
00:00:00 – Daybreak Europe
00:05:47 – Selloff in Chipmakers Deepens
00:08:37 – SpaceX Scrubs Launch of Starship Rocket After Engine Failure
00:09:55 – Netflix Feeds Investor Anxiety With Disappointing Forecast
00:11:43 – US Launches New Strikes on Iran as Hormuz Traffic Slumps
00:13:54 – Volvo Cars to Reveal Two New Models After the Summer
00:15:31 – Burnham Said to Plan New Drilling for Oil and Gas
00:20:21 – Trump Sows Doubts About US Elections in Speech Ahead of Midterms
00:29:45 – Jackie Bowie, Chatham Financial, Senior Managing Director
00:35:49 – Håkan Samuelsson, Volvo Cars, CEO
00:43:25 – Battle of the World Cup Sponsors
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

In this Metals Spotlight segment, Bloomberg’s Metals Reporter Jack Ryan talks about how oil prices and a renewed US blockade of the Strait of Hormuz are impacting gold and silver prices. Bullion slid below $4,000 an ounce during trading on Monday as Fed Governor Christopher Waller said policymakers may need to raise rates in the near term. Ryan reports on “Bloomberg Open Interest.”
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

SpaceX joins the Nasdaq 100 Index Tuesday and many analysts are saying buy the stock. But Nicholas Owens of Morningstar has a sell rating and price target of $62. He says shares are overvalued. He speaks on “Bloomberg Surveillance.”
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Oil gains after the US and Iran trade fresh strikes. The two sides are issuing conflicting declarations whether the Strait of Hormuz is open. Investors prepare for Federal Reserve Chair Kevin Warsh’s testimony on Capitol Hill this week along with CPI and Wall Street earnings. Thierry Wizman of Macquarie looks ahead to the busy week.

Chapters:
00:00:00 – Bloomberg Brief Begins: Opening Headlines: Iran, Oil & Tech Selloff
00:00:48 – Global Market Check: Asian Markets Open Lower, Europe Opens: Oil & Market Reaction
00:04:13 – Tech Stocks Under Pressure
00:05:24 – Iran-US Escalation & Strait of Hormuz
00:08:03 – SK Hynix Crash vs TSMC Strength
00:11:37 – Big Week Ahead: Fed, CPI & Earnings
00:14:43 – Trending on the Terminal
00:15:42 – Lindsey Graham’s Death & Political Impact
00:20:01 – Front Page News
00:21:29 – Market Reset: Opening Headlines Recap
00:24:19 – Thierry Wizman, Macquarie Global FX & Rates Strategist, on Oil Inflation & Fed Outlook
00:31:37 – Trending on the Terminal
00:32:47 – Iran-US Conflict Update
00:36:18 – Oil Market & Strait of Hormuz Analysis
00:40:04 – AI Stocks: SK Hynix vs TSMC
00:42:34 – What to Watch Ahead
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source