Business
US-Iran Clashes Hit Stocks as Oil Rises | Bloomberg Brief 09/02/2026
US equity futures fall and bond yields remain elevated as renewed US-Iran hostilities push oil higher, leaving the prospect of a September interest rate hike in play. Nigel Blenkinsop, COO of Jaguar Land Rover, joins “Bloomberg Brief” as the carmaker launches the first fully electric Range Rover. Cayla Seder of State Street looks at the concerns in the Treasury market amid rate-hike bets.
Chapters:
00:00:00 – Bloomberg Brief Begins
00:00:52 – Global Markets Check: Bond Selloff Hits Asia
00:02:06 – Global Markets Check: European Markets & Rising ECB Rate Expectations
00:03:10 – US Markets: Oil, Treasury Yields & Fed Outlook
00:04:10 – First Look Movers: Dell, MongoDB & GitLab
00:05:14 – US–Iran Conflict Escalates
00:07:58 – G20 Divisions: Bessent Blames China
00:11:26 – Trending on the Terminal
00:12:57 – Nigel Blenkinsop, Jaguar Land Rover COO, on Range Rover Launches First Fully Electric Model
00:19:51 – Front Page News
00:23:38 – Cayla Seder, State Street Macro Multi-Asset Strategist, on Treasury Yields, Is AI Inflationary, Dollar Outlook & Global Central Banks
00:31:14 – Trending on the Terminal
00:32:36 – Oil, Iran & Venezuela as US Midterms Approach
00:35:34 – Ed Markey Wins Massachusetts Democratic Primary
00:37:59 – Why Nvidia Wants to Buy Hugging Face, AI Regulation & the G20, Broadcom Earnings Preview
00:41:55 – What to Watch
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President Donald Trump suggested the Pentagon will start targeting drug cartels with strikes on land in Venezuela and beyond.
Trump said the US could target any country trafficking illegal narcotics into the US, mentioning both Colombia and Venezuela.
Trump has previously said he wanted to widen the US military attacks against drug cartels that have fueled a deadly domestic opioid crisis.
Read more: https://www.bloomberg.com/news/articles/2025-12-02/trump-said-us-will-soon-do-land-strikes-on-drug-traffickers
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Josh Kushner and Bob Iger are buying the Los Angeles Lakers basketball team for a record-breaking price of $12.5 billion, according to people familiar with the matter. Randall Williams has the details.
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Taylor Swift and Travis Kelce settling in Ohio, parents teaching teens to invest, what happened to yoga classes, and baseball dogs: Watch Lisa Mateo, Christina Ruffini and Jeff Mason talk about headlines from this week you may have missed on Bloomberg This Weekend!
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“Samsung and SK helped me invent the AI supercomputer… Without the HBM memory, there is no AI supercomputer. And over the next decade memory technology and semiconductor growth here in Korea will be very significant,” NVIDIA CEO Jensen Huang tells Shery Ahn during his trip to South Korea
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On Bloomberg This Weekend, Michigan Representative Haley Stevens (D) says escalating US tariffs on Canadian goods are raising costs and creating uncertainty for manufacturers in her district, with the deeply integrated auto supply chain particularly exposed. Stevens tells hosts Christina Ruffini and Jeff Mason that she is promoting legislation that would provide households with as much as $1,700 to offset tariff-related costs, while criticizing the Trump administration’s approach to trade with Canada.
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