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S&P 500 Hits All-Time High in Late-Day Advance | Bloomberg: The Close 02/18/2025

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Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are Stephanie Aliaga, JPMorgan, Eric Balchunas, Bloomberg Intelligence, Norah Mulinda, Bloomberg News, Adam Benjamin, Fidelity, Dan Suzuki, Richard Bernstein Advisors, Olga Yangol, Credit Agricole CIB, Kailey Leinz, Bloomberg News, Danielle Hale, Realtor.com, Tom Penn, San Diego FC, CEO and Co-Founder, Mark Gurman, Bloomberg News.

Chapters:
00:00:00 – The Close Begins
00:02:59 – Stephanie Aliaga, JPMorgan
00:10:22 – Eric Balchunas, Bloomberg Intelligence
00:15:40 – Norah Mulinda, Bloomberg News
00:24:32 – Adam Benjamin, Fidelity
00:32:48 – Stock of the Hour
00:38:03 – Dan Suzuki, Richard Bernstein Advisors
00:44:09 – Closing Bell
00:56:17 – Olga Yangol, Credit Agricole CIB
01:01:45 – Donald Trump speaks
01:13:51 – Kailey Leinz, Bloomberg News
01:16:01 – Danielle Hale, Realtor.com
01:21:45 – Tom Penn, San Diego FC, CEO and Co-Founder
01:32:31 – Mark Gurman, Bloomberg News
——–
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Americans Are Richer Than Ever. Why Are They So Angry?

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Bloomberg’s Allison Schrager and David Gura join Scarlet Fu and Tom Keene on “Bloomberg Money.” Schrager writes that “it is one of the great paradoxes of our time: Americans have never been richer — or more negative about the economy. More people are upper-middle class than ever, and even lower-income Americans are richer by almost every measure compared to previous generations. And yet more than three in five Americans say the economy is not working for them.”
——–
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Shorts Debate Challenges Office Dress Codes

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Bloomberg’s Chris Rovzar says workplace dress codes are evolving as warmer weather, changing office culture and designer collections prompt more employees to consider wearing shorts to work. He says a Bloomberg survey finds opinion remains divided, with supporters arguing shorts can be professional in the right setting while critics maintain traditional business attire still sets the standard.
——–
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US Stocks Close Higher on Chip Rally | Closing Bell

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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
——–
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Bloomberg Surveillance 8/5/2026

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Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day.

Chapters:
00:00 Tech Rally, Hormuz Talks & SpaceX Selloff
03:57 Markets Are Leading the Fed — Noel Dixon, State Street
17:09 Hormuz Talks Leave Major Risks Unresolved — Lt. Gen. Karen Gibson (Ret.), Academy Securities
34:10 CapEx Is the Only Way to Musk’s SpaceX AI Vision — Dan Ives, Wedbush Securities
41:52 Hyperscaler Bonds Beat 30-Year Treasuries — Ashok Bhatia, Neuberger Berman
53:12 Can Tech Earnings Keep Growing? — Alicia Levine, BNY Wealth
1:06:18 Washington Can’t Ignore the AI Buildout — Ariana Salvatore, Morgan Stanley
1:18:31 Hyperscalers Can Handle More Debt — Bryan Whalen, TCW
1:31:39 30-Year Treasuries Aren’t Attractive Yet — Collin Martin, Schwab Center for Financial Research
1:40:20 This Still Feels Like a ‘Hated Rally’ — Monica DiCenso, JPMorgan Private Bank
1:50:04 US Companies Added Fewer Jobs Than Expected in July — Michael McKee
1:51:44 Inflation Is Closer to Target Than It Looks — Andrew Hollenhorst, Citi Research
2:00:50 US Treasury Keeps Debt-Sale Guidance Steady — Michael McKee
2:04:45 Real Yields Are Starting to Reward Investors — Nisha Patel, Parametric
2:17:07 Breakevens Signal an Inflation Warning — Noah Weisberger, BCA Research
——–
Watch it live every week day from 6-9 ET on Bloomberg Television, YouTube, Roku, Apple TV, Samsung TV, Android TV, Rakuten TV.

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Barnes & Noble CEO on Strategy, Book Sales and Possible IPO

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Barnes & Noble CEO James Daunt discusses the company’s strategy, demand for physical books and the potential for an initial public offering with Romaine Bostick and Emily Graffeo on “Bloomberg The Close.”
——–
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