Alabama’s attorney general said TikTok has agreed to pay up to $300 million and adopt new user protection measures to settle the state’s child-safety lawsuit that was set for a jury trial to begin Monday.

The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Morgan Stanley Private Wealth Management Executive Director Katerina Simonetti, BMO Chief FX Strategist Mark McCormick, Jefferies Managing Director & Equity Research Analyst David Katz, Yale University Jackson Institute for Global Affairs Senior Fellow Stephen Roach, Citi Wealth Head of Portfolio Construction & Analytics […]

Peter Harrell says that the key dynamic is not which country has the upper hand, but that both China and the United States have meaningful leverage: the U.S. through tariffs, export controls, semiconductors, the dollar and AI technology, and China through rare earths, specialty chemicals, and manufacturing scale. Harrell says this mutual leverage helps explain the recent emphasis on “strategic stability” and why both countries may want to ease tensions for now while they work to reduce […]

Rebecca Patterson, Former Chief Investment Strategist at Bridgewater and Senior Fellow at the Council on Foreign Relations, discusses her broad read on market action. The discussion is framed around whether recent moves in bonds, equities, commodities, and energy are telling the same economic story or whether one market is more predictive than the others. She speaks with Romaine Bostick on "The Close." (Source: Bloomberg)

Katerina Simonetti, Executive Director at Morgan Stanley Private Wealth Investments, discusses how to think about markets amid this year’s crosscurrents and whether a risk-off approach is still appropriate. Simonetti highlights a sharp jump in Treasury volatility, the biggest in a year, alongside a note that stocks are rising as oil retreats on hopes of a U.S.-Iran deal. She speaks with Romaine Bostick & Isabelle Lee on "The Close." (Source: Bloomberg)

Stephen Roach, Yale University Jackson Institute for Global Affairs senior fellow and former chairman of Morgan Stanley Asia, says President Donald Trump's meeting with Chinese President Xi Jinping left many unresolved questions about tariffs, technology restrictions, rare earth leverage and Taiwan, even as both sides appeared to project some stability. He speaks on "Bloomberg The Close." (Source: Bloomberg)

OpenAI said it has notified “dozens” of organizations, including governments and universities, whose websites may have been hampered by visits from its artificial intelligence models during company evaluations of the technology.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Isabelle Lee, Carol Massar and Tim Stenovec. (Source: Bloomberg)