
US equity futures rose, reversing earlier declines, helped along by late-market gains in Alphabet Inc. and Amazon.com Inc. Meanwhile, Meta Platforms Inc. shares slid in post-market trading alongside Microsoft Corp., keeping alive lingering concerns over artificial intelligence spending. We heard from Maribel Lopez, Lopez Research Founder and Principal Analyst. She spoke to Bloomberg's Shery Ahn and Haidi Stroud-Watts. Plus - Federal Reserve officials left interest rates unchanged, but revealed a deepening division over the outlook for policy amid increased uncertainty caused by the conflict in the Middle East. Four officials voted against the decision, including three who objected to language in their post-meeting statement that suggested the central bank would eventually resume cutting rates. In what will be his last press conference as Fed chair, Jerome Powell said he intends to remain at the central bank as a member of its Board of Governors. We heard from Jeanette Garretty, Robertson Stephens Chief Economist. She spoke to Bloomberg's Haidi Stroud-Watts and Shery Ahn. See omnystudio.com/listener for privacy information.
AI Summary coming soon
Sign up to get notified when the full AI-powered summary is ready.
Free forever for up to 3 podcasts. No credit card required.

Daybreak Weekend: US Jobs, UK Elections, RBA Decision

Instant Reaction: Jay Powell on the Fed Decision

Instant Reaction: Fed Holds Rates, Three Officials Dissent

UAE Quits OPEC as War Upends Oil Markets, TDK Earnings
Free AI-powered recaps of Bloomberg Daybreak: Asia Edition and your other favorite podcasts, delivered to your inbox.
Free forever for up to 3 podcasts. No credit card required.