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US STOCKS-Wall St set to open lower after sharp rally on Trump tariff reversal
April 10 (Reuters) - Wall Street's main indexes were set to open lower on Thursday, coming off a blistering rally following U.S. President Donald Trump's move to temporarily lower the heavy tariffs on dozens of countries.
Reuters
Thu, Apr 10
Short sellers targeting US companies lost $75 billion on Wednesday's market rebound, Ortex says
NEW YORK, April 10 (Reuters) - Short sellers targeting U.S. companies lost $75 billion on paper on Wednesday after President Donald Trump said he would temporarily lower the hefty duties he had imposed on dozens of countries, sparking a massive relief rally in stocks, according to data and analytics...
Reuters
Thu, Apr 10
JP Morgan cuts PTs of North America base metals stocks amid tariff uncertainty
** JP Morgan cuts price targets of North America base metals stocks by ~20% across the board** Shares of Teck Resources TECK.N TECKb.TO fall 4.2% and Freeport FCX.N down 2.5% premarket** Brokerage cuts TECK PT to C$58 ($41.25) from C$72 ($51.21) and FCX PT to $42 from $52 ** Brokerage says the PT c...
Reuters
Thu, Apr 10
Dexcom rises as FDA clears use of its 15-day continuous glucose monitor
** Shares of medical device maker Dexcom DXCM.O rise 8.6% to $72.60 premarket ** Co says U.S. FDA has cleared its 15-day continuous glucose monitoring (CGM) device called Dexcom G7 15 Day for people over the age of 18 with diabetes in the United States** Co says the CGM lasts for 15.5 days and helps...
Reuters
Thu, Apr 10
HSBC upgrades Palo Alto amid rise in cyber threats, valuation ease
Investing.com -- HSBC upgraded Palo Alto Networks (NASDAQ:PANW) to “Hold” from “Reduce,” citing resilient cybersecurity demand in the face of macroeconomic uncertainty and a valuation that is no longe
Investing.com
Thu, Apr 10
LIVE MARKETS-US stock futures still red after cooler-than-expected CPI
U.S. equity index futures red: Nasdaq 100 down >2%Mar CPI MM, YY 4.5%Dollar, bitcoin both down >1%; crude down >3%; gold up >1%U.S. 10-Year Treasury yield falls to ~4.35%Welcome to the home for real-time coverage ...
Reuters
Thu, Apr 10
CarMax: Revenue Grows, EPS Falls Short
Used car retailer CarMax (NYSE:KMX) reported fiscal 2025 fourth-quarter and full-year earnings on Thursday, April 10, that fell short of analysts' consensus expectations. While it missed estimates of $0.66, earnings grew substantially year over year, with EPS hitting $0.58. Revenue for the quarter $...
The Motley Fool
Thu, Apr 10
Why Nvidia Stock Could Be Tech's Biggest Bargain in 2025
Amid the rubble of President Donald Trump's escalating trade war, Nvidia (NASDAQ: NVDA), the semiconductor powerhouse fueling the artificial intelligence (AI) revolution, has watched its share price crumble 28% since the start of 2025.With the company's shares now trading at just 16.3 times 2028 pro...
The Motley Fool
Thu, Apr 10
Analyst raises Roblox to Buy as recent pullback creates ‘excellent entry point’
Investing.com -- Oppenheimer lifted its rating on Roblox Corp (NYSE:RBLX) shares to Outperform with a price target (PT) of $70. The upgrade comes in the wake of a recent decline in the stock, which ha
Investing.com
Thu, Apr 10
Every Toro Investor Should Keep an Eye on This Number
Suppose you want an early read on trading conditions at turf and landscape equipment company Toro (NASDAQ: TORO). In that case, monitoring what competitors and retailers are saying is a good idea.Toro's competitors and retailersMajor competitors of Toro include Stanley Black & Decker (MTD Products) ...
The Motley Fool
Thu, Apr 10
Want Decades of Passive Income? Buy This Index Fund and Hold It Forever.
In 1976, Vanguard launched the first index fund. Since then, thousands more have come into existence, giving investors an easy and affordable way to buy a passively managed basket of stocks. Few inventions have produced as much wealth for everyday people as index funds. And if you're looking to buil...
The Motley Fool
Thu, Apr 10
Goldman Sachs lowers auto industry outlook; Ford, Visteon downgraded
Investing.com -- Goldman Sachs (NYSE:GS) has downgraded Ford Motor (NYSE:F) to Neutral from Buy amid a more difficult macroeconomic and competitive environment for U.S. auto manufacturers.The bank sai
Investing.com
Thu, Apr 10
Capri jumps after Prada's $1.4 billion deal for Versace
** Shares of Michael Kors-parent Capri Holdings CPRI.N jump 4.7% to $17.12 premarket ** Prada 1913.F says it will buy Versace from Capri in a deal valuing the iconic brand at $1.38 billion** Versace will become a subsidiary upon closing of the deal, the Italian fashion house says ** Transaction is ...
Reuters
Thu, Apr 10
NORTH AMERICAN MANUFACTURERS REPORT SHARP PULLBACK DUE TO TARIFFS, WHILE ASIAN SUPPLIERS RUN AT FULL TILT: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
In March, global supply chains spare capacity increased to highest level since May 2020, the height of the COVID-19 pandemic, indicating rapidly worsening conditions for global manufacturers Factories in the U.S., Mexico and Canada retrenched sharply in March due to tariffs, with purchasing activi...
PR Newswire
Thu, Apr 10
US STOCKS SNAPSHOT-U.S. stock futures pare losses after March inflation reading
April 10 (Reuters) - U.S. stock index futures pared their early losses on Thursday after a cooler-than-expected inflation reading bolstered expectations that the Federal Reserve would remain on track to cut interest rates this year. A Commerce Department report showed the consumer price index rose 2...
Reuters
Thu, Apr 10
Tariffs Are Rattling the Market-What Should Investors Do Now?
In a rapidly shifting market shaped by global policy moves, investors can easily fall into the traps of panic or FOMO. In this timely discussion, Motley Fool CIO Andy Cross sits down with Charles Schwab's Chief Investment Strategist, Liz Ann Sonders, to unpack the economic impact of recent tariffs, ...
The Motley Fool
Thu, Apr 10
Tariffs Are Crushing These 2 Stocks, but Long-Term Investors Could Get an Amazing Bargain
While stock market investing is one of the best ways to build wealth, it is not without its risks. The ongoing trade war between the U.S. and other countries is a perfect example. However, with the Nasdaq Composite down by over 20% year to date, the chaos could create long-term opportunities. Let's ...
The Motley Fool
Thu, Apr 10
Financials and IT drive Sri Lankan shares to end higher after Trump's tariff pause
April 10 (Reuters) - Sri Lankan shares closed higher on Thursday, mirroring gains in the broader Asia market after U.S. President Donald Trump announced a 90-day pause on the hefty tariffs imposed on most nations.* The CSE All Share index .CSE settled 4.7% higher at 15,580.83, led by financial and i...
Reuters
Thu, Apr 10
Oil moves closer to stocks in 2025 as Trump tariffs roil markets
By Alex Lawler, Anna Hirtenstein and Amanda Cooper LONDON, April 10 (Reuters) - A positive correlation between global oil benchmark Brent crude LCOc1 and U.S. equities has reemerged in 2025, reflecting concern about the slowing economy and the impact of U.S. President Donald Trump's trade war...
Reuters
Thu, Apr 10
Constellation Brands: Spirits Struggle
Constellation Brands (NYSE:STZ), the international beverage company known for its popular beer brands, recently released its earnings report for the fourth quarter of 2025 on April 9, 2025.The company posted an adjusted diluted EPS of $2.63, significantly beating the analyst estimate of $2.28. Reven...
The Motley Fool
Thu, Apr 10
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