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Stocks Tick Higher; Trump Says Xi's Hard to Deal With | Bloomberg Brief 06/04/2025
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June 4, 2025
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45:58Now PlayingUS equity futures extend gains as investors await more labor market data. President Trump decries President Xi as "hard to make a deal with" amid stalled trade talks and rising tensions. Former DOGE director Elon Musk calls Trump's tax and spend bill an "abomination." Senate Majority Leader John Thune says the House SALT deal in that bill will have to change.
Ares Management Co-President Blair Jacobson says the firm is taking a skeptical view on trading private credit. BlackStone Vice Chairman Thomas Nides says he's confident the Trump administration will find its sea legs amid a complicated global environment.
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