US equity futures stay muted after all major US benchmarks Hit all-time highs as investors become cautious of the rally momentum. OpenAI says that the firm is closer to converting into a more traditional for-profit company. Treasury Secretary Scott Bessent will meet with Chinese Vice Premier He Lifeng in Madrid next week to discuss trade, economic and national security issues. Monica Defend of Amundi discusses the Fed's rate path as markets await the University of Michigan inflation outlook. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.

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