Stocks Rebound on Hopes Ceasefire Deal Holds | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
Nico Rosberg, CEO of Rosberg Ventures and former Formula One World Champion, says developments in AI are moving faster than an F1 Race and investors need to be prepared for a bumpy ride. He joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
Wall Street traders paced a rebound in stocks as an oil rally waned after Israel agreed to direct talks with Lebanon, bolstering expectations that a US ceasefire deal will hold. The US and Iran prepared for peace talks in Pakistan after agreeing on a two-week ceasefire, though issues such as Israel's offensive in Lebanon and the opening of Hormuz remain unresolved. Israeli Prime Minister Benjamin Netanyahu agreed to hold direct talks with Lebanon, with the focus on disarming Hezbollah. President Donald Trump has called him, asking for a scale-back in strikes to ensure the success of negotiations with Iran, NBC reported. Ed Fishman, Director of the Center for Geoeconomics, Council on Foreign Relations joins Bloomberg Businessweek Daily to discuss the economic impact on the globe.
Prediction markets like Kalshi and Polymarket are booming. They also face a widening legal battle with US states and criticism over alleged user insider trading. Here's how they got so controversial.
Amir Handjani, board member at the Quincy Institute and partner at Karv Global, joins Caroline Hyde on "Bloomberg Markets." Ship traffic through the Strait of Hormuz remained blocked Thursday, limited to a handful of Iran-linked ships, another sign that a fragile ceasefire between the US and Iran has yet to improve flows through the world's key energy chokepoint.
Quantum company Infleqtion is set to launch more of its technology into space over the weekend as demand for ways to navigate without GPS grows. Matt Kinsella, CEO of Infleqtion, discusses the company's quantum clocks and why they offer a superior option to quantum computers, for now. He joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
Ship traffic through the Strait of Hormuz remained blocked Thursday, limited to a handful of Iran-linked ships, another sign that a fragile ceasefire between the US and Iran has yet to improve flows through the world's key energy chokepoint. Just seven vessels, all of which have either called at Iranian ports or were carrying Iranian cargo, were observed making the voyage out of the Persian Gulf on Wednesday and into Thursday morning. Normal transits in both directions are more like 135 a day. Michelle Brouhard, Head of Policy and Geopolitical Risk at Kpler joins to discuss what this means for oil market moving forward.
Natasha Hall, associate fellow at Chatham House, said the negotiations on the ceasefire in the Iran war are complicated by fundamental issues that have driven conflict in the region for years. Israeli Prime Minister Benjamin Netanyahu says that he has agreed to direct talks with Lebanon. Stating that "In light of Lebanon's repeated calls to open direct negotiations with Israel, I instructed the Cabinet yesterday to open direct negotiations with Lebanon as soon as possible" The negotiations will focus on disarming Hezbollah and establishing peaceful relations between Israel and Lebanon.
Constellation Brands Inc. projected slower-than-expected growth for its beer business this year, renewing concern that declines in alcohol consumption have yet to hit their floor. Organic beer sales, which measure changes in sales volumes, are seen in a range of down 1% to up 1% in the company's current year, Constellation said Wednesday. The range trails analysts' average estimate for a 2.2% increase. While the guidance represents an improvement from the previous fiscal year, which ended Feb. 28, the lower-than-expected outlook suggests even popular brands such as Modelo and Corona are struggling to sidestep a broader decline in the category.
President Trump says US troops will remain in the Persian Gulf ahead of talks with Iran, while Tehran warns attacks on Lebanon could make negotiations meaningless. Dana Stroul, Director of Research at the Washington Institute and former Deputy Assistant Secretary of Defense for the Middle East, says we're now in a "fog of diplomacy and a fog of war." She joined Bloomberg Open Interest.