Stocks Extend Sell-Off; Macron Urges US Investment Pause; US Jobs Day | Bloomberg Brief 04/04/2025
US equity futures extend their decline off the back of President Trump’s worse-than-expected tariff rates. Trump leaves the door open to reducing the rate if countries make a "phenomenal" offer. French President Emmanuel Macron urges EU firms to pause US investments until the trade war subsides. Oil prices sank further on a dimmer global outlook. Nandini Ramakrishnan of JPMorgan sees US businesses and consumers shouldering the brunt of tariff price rises. The most immediate near-term effect of tariffs will be a negative for US manufacturing, says Veronica Clark of Citi.
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Chapters:
00:00:01 – Intro
00:02:12 – First Look Movers
00:03:30 – Nandini Ramakrishnan, JPMorgan Asset Management
00:10:06 – Trending on the Terminal
00:20:17 – Front Page News
00:24:50 – Veronica Clark, Citi US Economist
00:31:46 – Trending on the Terminal
00:42:19 – What to Watch
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