Stocks Close Near Session Lows | 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.
World Trade Organization Chief Economist Robert Staiger discusses the impact of the ongoing conflict in the Middle East on trade. Speaking on Bloomberg Television, he says the WTO was already predicting a fall in merchandise trade from 4.6% in 2025 to 1.9% in 2026, but the effect of the war on energy prices could lower the growth further. "The growth rate would be 1.4% that we're predicting in 2026," Staiger says. He also talks about the impact of the Iran war on services trade.
The "twin leaders" of China’s technology sector, Alibaba Group Holding (NYSE:BABA) and Tencent Holdings, experienced a staggering $66 billion loss in combined market value over a 24-hour period.

BitFuFu (NASDAQ:FUFU), a leading digital asset mining service provider, today announced its unaudited financial results for the fiscal year ended December 31, 2025.

Phunware (NASDAQ:PHUN) today announced its financial results for the fourth quarter and full year ended December 31, 2025, highlighting a pivotal transition from legacy advertising toward a high-margin, mobile-first hospitality ecosystem.

XPENG (NYSE:XPEV) reported a transformative fiscal year 2025, characterized by exponential volume growth and a significant leap in manufacturing efficiency.
Diana Shipping (NYSE:DSX) escalated its hostile pursuit of Genco Shipping & Trading (NYSE:GNK) today, publicly rebuking the Genco Board of Directors for rejecting an increased, all-cash offer of $23.50 per share.
Ermenegildo Zegna (NYSE:ZGN) today announced its financial results for the full year ended December 31, 2025, demonstrating resilience in a volatile global luxury market.
McCormick & Company (NYSE:MKC) confirmed on March 20, 2026, that it has entered discussions with consumer goods giant Unilever (NYSE:UL) regarding a potential strategic transaction involving Unilever's Foods business.
Cellectis (NASDAQ:CLLS), a clinical-stage biotechnology company using its proprietary TALEN® gene-editing platform to develop next-generation immunotherapies, announced its financial and operational results for the fiscal year ended December 31, 2025.
Ecolab (NYSE:ECL) announced today that it has entered into a definitive agreement to acquire CoolIT Systems, a leader in advanced liquid cooling technology for next-generation AI data centers, from funds managed by KKR.