Futures Drop on Trade Uncertainty, OPEC+ Supply Surge | Bloomberg Brief 05/05/2025
Stock futures drop as uncertainty around US trade policy hung over markets, threatening the end of the S&P 500's longest winning streak in two decades. Oil prices fall as OPEC+ agreed to increase output, raising concerns over a global glut. Warren Buffett's surprise announcement that he will step down as CEO of Berkshire Hathaway by the end of the year drags shares down in pre-market trading. Sonja Marten of DZ Bank says we shouldn't write off the dollar despite its rapid depreciation and Jack Caffrey of JPMorgan Asset Management says the Fed wants to be friendlier. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.
Chapters:
00:00:01 - Intro
00:01:38 - First Look Movers
00:03:14 - Sonja Marten, DZ Bank Head of FX & Monetary Policy Research
00:09:30 - Trending on the Terminal
00:16:41 - Front Page News
00:22:14 - First Look Movers
00:23:42 - Jack Caffrey, JPMorgan Asset Management Equity Portfolio Manager
00:41:49 - What to Watch
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
