Stocks Gain Amid Tech Optimism; Bessent Floats Extended China Truce | Bloomberg Brief 10/16/2025

Bloomberg•Thursday, October 16, 2025 at 11:01:49 AM

US equity futures are on the rise, driven by strong earnings from tech companies, particularly TMSC, which has raised its revenue outlook for 2025. This positive momentum in the tech sector is encouraging for investors. Meanwhile, Treasury Secretary Scott Bessent is considering extending the trade truce with China, which could further stabilize markets. In political news, French Prime Minister Sébastien Lecornu has successfully navigated two no-confidence votes, indicating a degree of stability in France. However, economist Lauren Saidel-Baker warns that inflationary pressures in the US may continue to rise into next year, which is something to keep an eye on.

— Curated by the World Pulse Now AI Editorial System

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