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Today’s Market Recap: US Stock Selloff Deepens, S&P and Nasdaq Hit Near Eight-Month Lows
TradingKey - Driven by the escalation of US-Iran hostilities, oil prices have surged recently, intensifying the sell-off in US stocks. The Dow and the Nasdaq 100 have fallen into correction territory, while the S&P 500 and the Nasdaq closed at nearly eight-month lows.
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40 minutes ago
WTO talks end in deadlock after Brazil blocks deal over e-commerce duties
Brazil and U.S. positions remain far apart Talks to continue in GenevaBy Olivia Le Poidevin YAOUNDE, March 30 (Reuters) - World Trade Organization talks ended deadlocked on Monday as Brazil blocked a bid by the United States and other countries to secure an extension to a moratorium on custom...Reuters
45 minutes ago
EXCLUSIVE-US Treasury to consult with insurance regulators on private credit lenders, sources say
US Treasury plans meetings with insurance regulators, seeks details on leverage, liquidityConsultations come as private credit lenders strained by asset quality, liquidity concernsBessent says private credit has aided US economy but wants to prevent financial contagion By David Lawder WASHINGTON,...Reuters
an hour ago
Eli Lilly extends partnership with Insilico Medicine for AI-powered drug discovery
March 29 (Reuters) - Insilico Medicine said on Sunday it is partnering with Eli Lilly LLY.N in a deal worth up to $2.75 billion, expanding an existing collaboration on AI-powered drug discovery.Lilly will use Insilico's AI engine and receive an exclusive worldwide license for the development, ma...Reuters
2 hours ago
Tennis-Sinner beats Lehecka in rain-hit Miami final to capture 'Sunshine Double'
March 29 (Reuters) - Jannik Sinner beat Czech Jiri Lehecka 6-4 6-4 in a rain-hit Miami Open final on Sunday to become the first man to complete the coveted 'Sunshine Double' without dropping a set.The Italian world number two won 92% of his first-serve points and saved all three break points...Reuters
2 hours ago
Indian worker killed in Iranian attack on Kuwait power, desalination plant
March 30 (Reuters) - An Indian worker was killed in an Iranian attack on a power and water desalination plant in Kuwait, which also damaged a service building at the facility, Kuwait’s Ministry of Electricity and Water said early on Monday in a post on social media website X.Reuters
2 hours ago
WRAPUP 9-Pakistan prepares to host peace talks as Iran accuses US of ground assault plans
Pakistan says it is preparing to host talks on ending warIran parliament speaker warns US against any ground attackFirst contingent of US Marines arrives in Middle EastHouthi attacks on Israel heighten risks to commercial shipping By Asif Shahzad, Alexander Cornwell and Sabrina Valle ISLAMABAD/TE...Reuters
2 hours ago
DHL Teamsters Reach Tentative Agreement On Strong New Contract
March 29 (Reuters) - Teamsters: TEAMSTERS: DHL TEAMSTERS REACH TENTATIVE AGREEMENT ON STRONG NEW CONTRACTTEAMSTERS - NEW 4-YEAR AGREEMENT INCLUDES 20% WAGE INCREASE, HIGHER HEALTH & WELFARE CONTRIBUTIONS, & CRITICAL JOB PROTECTIONSTEAMSTERS: DHL TEAMSTERS WILL HAVE THE OPPORTUNITY TO VOTE O...Reuters
2 hours ago
Israeli parliament approves 2026 state budget, spokesperson says
March 30 (Reuters) - Israel's parliament approved the 2026 state budget, a Knesset spokesperson said in a statement early on Monday, allowing Prime Minister Benjamin Netanyahu's government to head off early elections as his country's joint war with the U.S. on Iran continues.The approval...Reuters
3 hours ago
Motorcycling-Bezzecchi wins USA Grand Prix to extend perfect start to season
March 29 (Reuters) - Aprilia's Marco Bezzecchi extended his perfect start to the year by winning the United States Grand Prix in Austin on Sunday for his third consecutive win of the year and fifth straight dating back to last season.Bezzecchi led all 20 laps at the Circuit of the Americas where...Reuters
3 hours ago
Israeli parliament approves 2026 state budget, spokesperson says
March 30 (Reuters) - Israel's parliament approved the 2026 state budget, a Knesset spokesperson said in a statement early on Monday, allowing Prime Minister Benjamin Netanyahu's government to head off early elections as his country's joint war with the U.S. on Iran continues.Reuters
3 hours ago
Soccer-France showcase firepower and squad depth in 3-1 Colombia win
France field a different lineup from Brazil winDoue scores twice, Marcus Thuram adds anotherFrance to play Ivory Coast, another team before World CupLANDOVER, Maryland, March 29 (Reuters) - Desire Doue scored twice as France showcased their attacking firepower and strength in depth with a 3-1 friend...Reuters
4 hours ago
Motorcycling-Bezzecchi wins USA Grand Prix to extend perfect start to season
March 29 (Reuters) - Aprilia's Marco Bezzecchi extended his perfect start to the year by winning the United States Grand Prix in Austin on Sunday for his third consecutive win of the year and fifth straight dating back to last season.Bezzecchi led all 20 laps at the Circuit of the Americas where...Reuters
4 hours ago
Soccer-France showcase attacking firepower and squad depth in 3-1 Colombia win
LANDOVER, Maryland, March 29 (Reuters) - France showcased their attacking firepower and strength in depth with a 3-1 friendly win over Colombia on Sunday, in their final outing before coach Didier Deschamps names his World Cup squad.Fielding an entirely different lineup from the first-choice side wh...Reuters
4 hours ago
US fighter jets escort plane out of no-fly zone near Trump's Mar-a-Lago resort
March 29 (Reuters) - A civilian plane violated a no-fly zone on Sunday near President Donald Trump's Mar-a-Lago residence in Palm Beach, Florida, before being "safely escorted out of the area," the North American Aerospace Defense Command said. The aircraft violated a Temporary Flight R...Reuters
4 hours ago
WRAPUP 8-Pakistan prepares to host peace talks as Iran accuses US of ground assault plans
Pakistan says it is preparing to host talks on ending warIran parliament speaker warns US against any ground attackFirst contingent of US Marines arrives in Middle EastHouthi attacks on Israel heighten risks to commercial shipping By Asif Shahzad, Alexander Cornwell and Sabrina Valle ISLAMABAD/TE...Reuters
5 hours ago
Politico picks insider Jonathan Greenberger as new global editor in chief
March 29 (Reuters) - Newspaper company Politico has named an insider, Jonathan Greenberger, as its new editor in chief, effective May 1 Here are some details:Greenberger will take the helm from John Harris, who will take on the role of Politico's chairman.Politico gets the most traffic of any ...Reuters
6 hours ago
Iran's heavy water production plant no longer operational, IAEA says
March 29 (Reuters) - The International Atomic Energy Agency said on Sunday that Iran's heavy water production plant at Khondab, which the country reported had been attacked on March 27, has suffered severe damage and is no longer operational.The installation contains no declared nuclear material...Reuters
6 hours ago
WTO talks to continue in Geneva following US-Brazil deadlock, two diplomats say
YAOUNDE, March 29 (Reuters) - World Trade Organization ministerial talks will continue in Geneva following a U.S-Brazil deadlock on the extension of an e-commerce moratorium that avoids duties on digital downloads, two diplomats told Reuters.Reuters
6 hours ago
