Stocks Waver after Tech Selloff; Trump Rebuilds Tariffs | Bloomberg Brief 07/24/2026
US equity futures see relief after the Magnificent Seven stocks suffered their biggest one-day drop since the tariff-driven selloff in 2025. The US unveils new levies ranging from 10% to 12.5% on imports from 60 economies to reconstruct the Trump administration’s trade agenda that was struck down by the Supreme Court. Wei Li of BlackRock discusses the outlook for this earnings season.
Chapters:
00:00:00 – Bloomberg Brief Begins, Opening Headlines: Markets, Tariffs & Iran
00:00:42 – Global Market Check: Asia Market Wrap: Tech Selloff and Yen Weakness
00:02:19 – Global Market Check: Europe Opens Higher After ECB and SAP Earnings
00:03:22 – US Futures, Oil and Treasury Yield Surge
00:05:08 – First Look Movers: Intel, MaxLinear & Amkor
00:06:18 – Trump Rebuilds Tariff Wall with New Levies
00:09:13 – Trump Weighs Escalation Against Iran
00:12:02 – Trending on the Terminal: SpaceX, Volkswagen and Eurozone PMI Headlines
00:13:32 – Intel’s AI-Fueled Revenue Forecast Beats Expectations
00:17:53 – Wall Street Week: Austin’s Housing Affordability Model
00:21:34 – Market Headlines: Oil, Bonds and Premarket Stocks
00:25:28 – Wei Li, BlackRock Global Chief Investment Strategist, on Earnings, AI and Markets
00:32:50 – Trending on the Terminal: SpaceX, Tesla & UK Economy
00:34:10 – Tariff Strategy: Legal Challenges and Global Response
00:36:31 – Iran Escalation and U.S. Political Risks
00:38:24 – Bloomberg Intelligence on Intel’s AI Momentum
00:41:13 – UN Secretary-General Candidates Make Their Case
00:42:28 – What to Watch Ahead: Earnings, Data and Friday Trading
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