In the latest ‘Bloomberg Open Interest,’ hosts Matt Miller, Katie Greifeld, and Sonali Basak discuss major financial updates. Former President Trump announced a 35% tariff on Canadian goods, adding to trade tensions. Nvidia’s CEO met with Trump ahead of a China trip as the company hit another intraday high. Levi’s shares surged on a positive revenue outlook despite tariff concerns. Meanwhile, Brown Harris Stevens CEO Bess Freedman highlighted the ongoing housing affordability crisis, with rising prices locking out first-time buyers. The show provides a snapshot of market-moving events shaping the US trading day.
about Trump Tariffs, Nvidia Highs & Housing Woes on BloombergNvidia CEO
0 posts last weekStocks Mixed as Nvidia Falls and Tariff News Emerges
Major U.S. stock indexes showed mixed results as investors reacted to Nvidia’s earnings report and President Trump’s tariff announcements. The Dow Jones rose 0.7%, while the S&P 500 remained flat and the Nasdaq fell 0.7%. Nvidia shares dropped 4% despite strong revenue growth, and other tech stocks also faced declines, with Salesforce down 2.5% after disappointing results. Meanwhile, Bitcoin rose to $85,500, and gold futures fell 1.5%.
about Stocks Mixed as Nvidia Falls and Tariff News EmergesGlobal stocks rise as investors await Federal Reserve rate decision
Global stocks mostly advanced as investors awaited the Federal Reserve’s rate decision, with tech stocks rebounding after recent losses. ASML reported record revenue, boosting its shares by 11%, while Nvidia surged 8.8% following a significant drop. Concerns over AI spending were raised by a Chinese competitor’s announcement, potentially impacting future investments in the sector.
about Global stocks rise as investors await Federal Reserve rate decision