News
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TRADING DAY-Markets 'tarrified' anew
By Jamie McGeever ORLANDO, Florida, May 30 (Reuters) - - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist Bonds bounce back Global trade uncertainty cranked up several notches this week amid a flurry of court rulings...Reuters
Fri, May 30
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025June 17-18 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)July 29-30 (second day: statement released 1400 EDT/18...Reuters
Fri, May 30
Wall St Week Ahead-Jobs data, tax bill, trade on tap for rebounding US stocks
Nonfarm payrolls for May due on June 6Fiscal legislation in focus in WashingtonRulings on Trump's tariffs muddies trade backdropBy Lewis Krauskopf NEW YORK, May 30 (Reuters) - Key U.S. economic data, developments with federal tax-and-spending legislation and twists and turns on trade all are ...Reuters
Fri, May 30
TREASURIES-US yields dip as risk sentiment worsens amid China trade setback
PCE data shows muted inflation in AprilMarkets to focus on China-US talks, labor data next weekUS 10-year yield on track for highest monthly gain since DecemberUS two-year yields post biggest monthly rise since OctoberBy Tatiana Bautzer NEW YORK, May 30 (Reuters) - U.S. Treasury yields slipped on...Reuters
Fri, May 30
US STOCKS-S&P 500 ends near flat but posts biggest monthly pct gain since November 2023
Trump comments on China keep market trading choppyUlta Beauty gains after raising annual profit forecastBy Caroline Valetkevitch NEW YORK May 30 (Reuters) - The S&P 500 ended a volatile session nearly flat on Friday as U.S. President Donald Trump slammed China before sounding upbeat about...Reuters
Fri, May 30
Why Newsmax Stock Is Crashing Today
Shares of Newsmax Media (NYSE: NMAX) are plunging on Friday. The media company's stock lost 18% as of 3:45 p.m. ET and was down as much as 23.6% earlier in the day. The steep decline comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) lost 0.2% and 0.6%, respectively.New...The Motley Fool
Fri, May 30
EMERGING MARKETS-Latam assets wobble on reviving US-China trade, tariff worries
Latam stocks down 1.7%, FX down 0.9%Trump says China violated tariff termsTrump's tariffs to remain in effect as appeals court grants stayBrazil economic growth surges in Q1By Pranav Kashyap and Purvi Agarwal May 30 (Reuters) - Latin American assets weakened on Friday after U.S. President Don...Reuters
Fri, May 30
US STOCKS-S&P 500, Nasdaq ease amid U.S.-China trade comments; on track for May gains
Indexes choppy as Trump comments on China tariffsUlta Beauty gains after raising annual profit forecastIndexes: Dow up 0.01%, S&P 500 down 0.3%, Nasdaq down 0.8%By Caroline Valetkevitch NEW YORK May 30 (Reuters) - The S&P 500 and Nasdaq eased on Friday as U.S.-China trade worries kept...Reuters
Fri, May 30
Natgas companies down on higher output, lower flows to LNG export plants
** Shares of U.S. natural gas companies down, tracking fall in natgas futures NGA/** U.S. natgas futures NGc1 down 2.1% at $3.44 per million British thermal units** Natural gas prices fell on higher than expected output and a drop in the amount of gas flowing to liquefied natural gas (LNG) export pl...Reuters
Fri, May 30
Why WeRide Stock Soared Higher This Week
Shares of WeRide (NASDAQ: WRD) are up this week. The company's stock spiked 9% as of 2:19 p.m. ET but was up as much as 16.8% earlier in the week. The jump comes as the S&P 500 rose 1.5% and the Nasdaq Composite rose 1.5%.The Chinese company's stock jumped after it announced a major expansion into S...The Motley Fool
Fri, May 30
Skechers shareholder sues footwear maker for details on $9.4 billion 3G buyout
By Jonathan Stempel May 30 (Reuters) - A Skechers USA SKX.N shareholder has sued the footwear maker for more details about its $9.4 billion buyout by private equity firm 3G Capital, saying the decision by Skechers' founder and controlling shareholder to sell raises "red flags."Accordi...Reuters
Fri, May 30
GLOBAL MARKETS-Stocks lower but set for strong monthly gain despite tariff worries
All major stock market indexes have had a strong monthCrude and gold prices weakenDollar on course for fifth straight month of lossesBy Chibuike Oguh NEW YORK, May 30 (Reuters) - Global stocks were down on Friday but were set to notch a weekly gain as well as the biggest monthly increase since la...Reuters
Fri, May 30
Tesla eases from 16-week high; Musk-Trump hold news conference
** Tesla shares TSLA.O down 2.2% at $350.63 in afternoon trading amid broader fall in equities on Friday** TSLA shares hit their highest since February 7 on Thursday after news that CEO Elon Musk was stepping away from the Trump administration, fueling hopes that he will sharpen focus on the automak...Reuters
Fri, May 30
Energy stocks fall on possible OPEC+ oil output hike
** S&P 500 energy index .SPNY down 1.2%, tracking a fall in oil prices O/R** Brent crude futures LCOc1 down 1.3% at $62.68/barrel; U.S. West Texas Intermediate crude futures CLc1 down 0.5% at $60.64/barrel** Oil prices fell on expectations that OPEC+ will decide on Saturday to boost oil output f...Reuters
Fri, May 30
Why Trump Media Stock Crashed This Week
Shares of Trump Media & Technology Group (NASDAQ: DJT) are falling this week. The company's stock had plummeted 16.7% at 2:16 p.m. ET. The fall comes as the S&P 500 index has risen 1.4% and the Nasdaq-100 index has risen 1.1%.Trump Media announced on Tuesday that it is pursuing a new strategy of Bit...The Motley Fool
Fri, May 30
Why Abercrombie & Fitch Stock Is Soaring This Week
Shares of Abercrombie & Fitch (NYSE: ANF) are trading higher this week. The company's stock jumped 9.7% as of 2:15 p.m. ET. The move up comes as the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq-100 were up 1.4% and 1.1%, respectively.The clothing retailer released its quarterly numbers on Wednesday, bea...The Motley Fool
Fri, May 30
Why Summit Therapeutics Plunged Today
Shares of Summit Therapeutics (NASDAQ: SMMT) have plunged 31% as of 1:23 p.m. ET Friday, following the release of some trial data this morning.Summit has been a tremendous winner over the past year, as its bispecific antibody lung cancer drug ivonescimab outperformed prior standards of care in phase...The Motley Fool
Fri, May 30
BREAKINGVIEWS-Students will follow investors by dumping the US
By Aimee Donnellan DUBLIN, May 30 (Reuters Breakingviews) - The dream of studying in the United States has become a nightmare for international students. Donald Trump’s row with Harvard University, combined with his government’s broader attack on students arriving from other countries, has dente...Reuters
Fri, May 30
LIVE MARKETS-So, about that sell-in-May and go away idea ...
Main US indexes red; Nasdaq down most, off ~1.2%Tech weakest S&P sector; Staples leads gainersDollar edges up; crude, gold decline; bitcoin off ~2%US 10-Year Treasury yield edges down to ~4.41%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can shar...Reuters
Fri, May 30
U.S. STOCKS ON THE MOVE-RBB Bancorp, Seacoast, GATX
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes were under pressure on Friday as U.S. President Donald Trump accused China of violating a tariff agreement, ramping up tensions in a bruising trade war and clo...Reuters
Fri, May 30
