News
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CANADA STOCKS-TSX gives up weekly gain as the US plays 'hardball' on tariffs
By Twesha Dikshit and Fergal Smith July 11 (Reuters) - Canada's main stock index pulled back on Friday from a record high as investors weighed the prospect of increased U.S. tariffs on Canadian goods and after domestic jobs data clipped expectations the Bank of Canada would resume its easing ...Reuters
Fri, Jul 11
EMERGING MARKETS-Latam FX, stocks set for weekly losses as Trump's tariff threats escalate
Trump puts 35% tariff on Canada, EU tariff rate awaitedPeru's central bank holds rate, as expectedBrazil considers retaliation to US tariffs MSCI Latam FX index set for first weekly decline in six weeksBy Ragini Mathur, Purvi Agarwal and Shashwat Chauhan July 11 (Reuters) - Most Latin Ame...Reuters
Fri, Jul 11
US stocks weekly: Trading fire
** S&P 500 .SPX breaks two-week winning streak, edges down 0.3% as latest Trump tariff salvos weigh .N** Dow .DJI retreats 1%, while Nasdaq Composite .IXIC down fractionally** Indeed, DJI kicked off week looking poised to leap over the velvet rope, but by Fri ended three-week winning streak, as ...Reuters
Fri, Jul 11
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025July 29-30 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT) September 16-17 (...Reuters
Fri, Jul 11
US STOCKS-S&P 500 ends down as tariffs sour sentiment
Levi Strauss gains after hiking forecasts Trump hits Canada with 35% tariffInvestors await quarterly earningsS&P 500 -0.33%, Nasdaq -0.22%, Dow -0.63%By Noel Randewich, Pranav Kashyap July 11 (Reuters) - Wall Street ended lower on Friday, with Meta Platforms META.O weighing on the S&P 500...Reuters
Fri, Jul 11
LIVE MARKETS-US stocks dip as tariffs tumult rolls on
Major US indexes end lower; Dow off most, down ~0.6%Financials weakest S&P 500 sector; Energy leads gainersDollar up; gold up ~1%; crude up >3%; bitcoin rallies ~4%U.S. 10-Year Treasury yield rises to ~4.42%Welcome to the home for real-time coverage of markets brought to you by Reuters report...Reuters
Fri, Jul 11
Prairiesky Royalty Ltd expected to post earnings of 26 cents a share - Earnings Preview
Prairiesky Royalty Ltd PSK.TO is expected to report resultson July 14 for the period ending June 30 2025LSEG's mean analyst estimate for Prairiesky Royalty Ltd is for earnings of 26 cents per share. The current average analyst rating on the shares is "hold" and the breakdown of recomme...Reuters
Fri, Jul 11
US payments firms fall after Bloomberg News report on JPMorgan Chase's fintech fee plan
** Shares of U.S. payments companies drop after Bloomberg News reported that JPMorgan Chase JPM.N is planning to impose fees on fintech companies for access to its customer bank account data** Financial technology firms PayPal PYPL.O, Block XYZ.N and Affirm AFRM.O slip 5.3%, 4.9% and 4.8%, respectiv...Reuters
Fri, Jul 11
US STOCKS-S&P 500 recedes from record highs as tariffs sour sentiment
Levi Strauss gains after hiking forecasts Trump hits Canada with 35% tariffInvestors await quarterly earningsBy Noel Randewich, Pranav Kashyap July 11 (Reuters) - Wall Street ended lower on Friday, with Meta Platforms META.O weighing on the S&P 500 after President Donald Trump intensified his...Reuters
Fri, Jul 11
Why FuboTV Stock Skyrocketed 206% in the First Half of the Year
Key PointsFubo soared on its merger announcement with Hulu Live TVThe move will triple Fubo's subscriber base, leading the stock to roughly triple.The business still faces challenges, including its lack of profitability. 10 stocks we like better than fuboTV › Shares of FuboTV (NYSE: FUBO) soared i...The Motley Fool
Fri, Jul 11
GLOBAL MARKETS-Stocks, Canadian dollar weaken as Trump announces tariffs on Canadian imports
US stocks lower in afternoon tradingCanadian dollar dips after Trump announces tariffsBitcoin hits record high, gold strongBy Caroline Valetkevitch and Chibuike Oguh NEW YORK, July 11 (Reuters) - Major stock indexes were slightly lower on Friday as U.S. President Donald Trump's announcement o...Reuters
Fri, Jul 11
WRAPUP 5-EU awaits Trump letter as markets digest latest tariff salvo
EU could receive tariff letter on FridayHard to predict situation, EU source saysEuropean shares, Wall Street futures down Canada PM says will protect businesses and workers Rubio meets China's Wang Yi By Julia Payne and Philip Blenkinsop BRUSSELS, July 11 (Reuters) - The European Union brace...Reuters
Fri, Jul 11
Standard Chartered Predicts Bitcoin Will Hit $135,000 by the End of September
Key PointsBitcoin is already up 25% on the year, and Standard Chartered expects even bigger returns during the next two quarters.It's basing that prediction primarily off of substantial inflows from ETFs and Bitcoin treasury companies.Bitcoin is highly volatile, but it has performed well for long-te...The Motley Fool
Fri, Jul 11
Why Robinhood Stock Soared 151% in the First Half of 2025
Key PointsRobinhood soared alongside a boost in crypto prices, and as its profits jumped.The company announced a new tokenization platform, allowing European investors to buy U.S. stocks through tokens.Its turnaround has been impressive, but investors should expect volatility ahead. 10 stocks we lik...The Motley Fool
Fri, Jul 11
US STOCKS-S&P 500 recedes from record highs as tariff worries weigh
Levi Strauss gains after hiking forecasts Trump slaps 35% tariffs on CanadaS&P 500 -0.22%, Nasdaq +0.03%, Dow -0.59%By Noel Randewich, Pranav Kashyap July 11 (Reuters) - The S&P 500 dipped from record highs on Friday, with Meta Platforms META.O losing ground after President Donald Trump i...Reuters
Fri, Jul 11
Why AMC Stock Is Soaring Today
Key PointsWedbush boosted its rating on AMC Entertainment stock from neutral to outperform and raised its price target.The firm's analyst was impressed with AMC’s recent moves to improve cash flow and reduce debt.Despite improved analyst sentiment, the company’s negative equity, years of unprofitabi...The Motley Fool
Fri, Jul 11
Why USA Rare Earth Stock Soared This Week
Key PointsThe Department of Defense’s $400 million investment in MP Materials set off a wave of enthusiasm across the industry.The government’s move aims to boost domestic rare earth production, which is currently dominated by China.Unlike MP Materials, which already operates an active mine and gene...The Motley Fool
Fri, Jul 11
Kraft Heinz climbs on WSJ report of potential spinoff
** Shares of packaged food maker Kraft Heinz KHC.O climb 3.7% to $27.45** Co is weighing spinning off a large chunk of its grocery business, the Wall Street Journal reports, citing people familiar with the matter** Spun-off entity could be valued at up to $20 billion, report says** Stock has lost ~ ...Reuters
Fri, Jul 11
U.S. STOCKS ON THE MOVE-AeroVironment, Civista Bancshares, Meta
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The S&P 500 and the Dow fell on Friday and were headed for a downbeat week as President Donald Trump ramped up his tariff offensive against Canada, amplifying the uncertainty swirling ar...Reuters
Fri, Jul 11
Why Nike Stock Dropped on Friday
Key PointsNike announced yesterday it will replace the CEO of its Converse brand.Nike sales sank 10% last year, and its Converse sales fell twice as fast. Nike's earnings shrank by 44% last year, yet the stock costs more than 30x earnings.10 stocks we like better than Nike › Shares of shoes and spor...The Motley Fool
Fri, Jul 11
