Stocks Fall Amid Tech Earnings; Oil Climbs as MidEast Tensions Rise
AI Summary
US equity futures fell as the AI-driven recovery rally faded, while Meta raised its capital-spending plans. Oil prices climbed amid rising Middle East tensions and the US withdrawal of some diplomats from Saudi Arabia; the report also discusses bond opportunities amid market volatility.
US equity futures slide as a recovery rally in AI fades. Meta boosts its capital spending plans for the year. Oil rises as the US pulls some diplomats from Saudi Arabia amid worsening tensions between Houthis and Iran. George Goncalves of MUFG joins "Bloomberg Brief" to discuss opportunities in bonds amid market volatility. (Source: Bloomberg)