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UK & Europe Avoid Worst of Stock Rout

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The AI-driven selloff in equities spread globally, but the UK & Europe avoided the worst of it. US futures turned green as dip buyers moved in. This after the worst day for the Nasdaq since the start of the Covid pandemic in March 2020. Japan's Nikkei 225 entered a bear market.

Marco Rubio says he's committed to the Trump administration despite Bloomberg reporting the US Secretary of State could potentially leave the government. Meanwhile some US lawmakers are looking to impeach the Defense Secretary Pete Hegseth as early as next week.

Today's guests: Isabelle Mateos y Lago, BNP Paribas, Group Chief Economist; Lindsay Newman, King’s College London, Visiting Research Fellow; Kristrún Frostadóttir, Icelandic Prime Minister

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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

Chapters:

00:00:00 - The Pulse with Francine Lacqua

00:00:25 - Europe joins global selloff

00:04:45 - Isabelle Mateos y Lago, BNP Paribas, Group Chief Economist

00:10:15 - BOE's Bailey: Second hike more likely than not if war persists

00:13:16 - Washington Roundtable: King's College London's Lindsay Newman & Bloomberg's Stephanie Baker

00:23:41 - Friday headlines

00:24:17 - European airlines hit by bomb threats

00:28:13 - Kristrún Frostadóttir, Icelandic Prime Minister

00:41:06 - Silicon Valley's AI Bets Built on Hype and Hope: Bloomberg Opinion

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