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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Scarlet Fu, Carol Massar and Tim Stenovec. -------- More on Bloomberg Television and Markets Like this video?
Markets rally as Trump signals flexibility on tariffs. Dow up 489 points with tech stocks leading gains despite mixed economic data and manufacturing weakness.
Composite PMI exceeded analyst expectations as Services PMI jumped to 54.5.
More than 80% of SPX stocks opened higher, according to Kevin Green. Investors may be taking a sigh of relief over reports suggesting tariffs won't be used to the extent initially predicated.
Ahead of Monday's open, equities are higher and building on their first winning week in the last 5. Kevin Green discusses key levels to watch this week, Goldman Sachs downgrade of Supermicro (SMCI), and the addition of DoorDash (DASH), TKO Group (TKO), Williams-Sonoma (WSM) to the S&P 500.
The three main US indices in premarket trading are all performing very well. At this point in time, the markets are looking to find their footing after what has been a rough few weeks.
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Extreme Fear” zone on Friday.
The broader benchmark S&P 500 index has gotten off to a less-than-ideal start in 2025, down about 4% this year. It also briefly flirted with correction territory from highs seen in mid to late February.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Alix Steel, Scarlet Fu, Carol Massar and Tim Stenovec. -------- More on Bloomberg Television and Markets Like this video?
The US indices all look a bit lackluster in the premarket of Friday trading, as we are still worried about the overall global economy, and the idea that the US economy could be slowing down at this point in time.