Stocks Waver Ahead of PPI, Earnings, Brent Hits $102, Trump Vows Midterm Payout to Voters

US equity futures waver ahead of PPI data, Oracle earnings and a rate decision from the European Central Bank. Brent crude reaches $102 a barrel as Iran is said to be ready to intensify its counterattacks if the US continues its strikes. President Trump pledges a $5,000 payout to voters if the Republican party wins the midterm elections. The president is set to speak again at the Republican National Convention in Dallas today. Jack Caffrey of JPMorgan Asset Management joins "Bloomberg Brief" to recap this earnings season. This video has been edited to correct a graphic to note that ECB President Christine Lagarde is scheduled to speak. Lagarde's name was misspelled at 00;41;26;29 Chapters: 00:00:00 - Bloomberg Brief Begins 00:00:18 - Top Stories & Headlines 00:00:49 - Global Markets Check: Asian Markets, Oil and the Japanese Yen 00:02:06 - ECB Rate Decision and European Inflation 00:03:57 - First Look Movers: American Eagle, Cooper & AeroVironment 00:05:08 - Trump Proposes $5,000 "Dividend" for Republican Win 00:07:52 - Trump, Iran and the Risk of Further Escalation 00:11:10 - Oil Prices, Tanker Costs and Energy Supply Stress 00:14:17 - Trending on the Terminal 00:15:46 - Nvidia-Groq Deal Faces DOJ Scrutiny, TSMC Demand and Oracle Earnings Preview 00:20:12 - Front Page News 00:21:32 - Markets: Treasury Yields, Oil and Futures 00:23:08 - First Look Movers 00:24:27 - Jack Caffrey, JPMorgan Asset Management Equity Portfolio Manager, on Earnings, the AI Boom, & Higher Rates and Pressure on the US Consumer 00:33:12 - Trending on the Terminal 00:34:31 - Trump's $5,000 Midterm Offer and Republican Strategy, Oil Inflation and the Impact on Voters 00:39:03 - ECB Preview: Rates, Inflation and Energy Prices 00:42:35 - 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