May 18th, 2026

Stocks, Bonds Decline as Brent Hits $110 | Bloomberg Brief 5/18/2026

A global bond selloff eases while stocks decline amid rising oil prices. President Trump expresses frustration with Iran, saying "the clock is ticking" on making a deal. The White House says China has agreed to buy at least $17 billion of US agricultural products and establish boards of trade and investment after the summit between President Trump and President Xi. Sharon Bell of Goldman Sachs discusses the equity market as investors look ahead to Nvidia's earnings report later in the week. Jude Blanchette of the RAND China Research Center analyzes the outcomes of the Trump-Xi summit.