Stocks Turn Lower on Earnings Gloom; EU Falters; Heathrow Fire | Bloomberg Brief 03/21/2025
March 21, 2025
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43:44Now PlayingStocks Turn Lower on Earnings Gloom; EU Falters; Heathrow Fire | Bloomberg Brief 03/21/2025
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as posted by the channelUS equity futures fall after companies post gloomy results partly driven by tariff uncertainty and DOGE cuts. Heathrow Airport is shut down for the day in an unprecedented disruption due to a fire causing an electrical outage. President Trump invokes wartime powers to boost US minerals output and denies a New York Times report of the Pentagon briefing Elon Musk on plans in case of war with China. The European Union fails to agree to an aid package for Ukraine after leaders met in Brussels. The Lithuanian President tells Bloomberg that he believes Presidents Trump and Zelenskiy want peace, but he doubts Putin does. Kallum Pickering of Peel Hunt says that central banks are playing it neutrally amid the uncertain economic backdrop. Mercado Libre's CFO Martin de los Santos says the company plans to invest more logistics as it balances profit and growth.
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