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BMO Capital cuts S&P 500 year-end 2025 target to 6,100
NEW YORK, April 9 (Reuters) - BMO Capital on Wednesday cut its year-end 2025 S&P 500 .SPX target by 9% to 6,100 from the prior 6,700, citing the speed and severity of the recent selloff. In a note to clients, chief investment strategist Brian Belski said the drawdown has "certainly surprised...Reuters
Wed, Apr 9
Air France cuts economy fares to boost transatlantic travel, CEO tells Bloomberg News
April 9 (Reuters) - Air France-KLM AIRF.PA is slashing prices to maintain full economy cabins on its transatlantic flights as the airline faces weakening demand for international travel, the European carrier's top boss told Bloomberg News on Wednesday.The company is noticing a "slight softne...Reuters
Wed, Apr 9
US asset managers rise as Trump announces 90-day reciprocal tariffs pause
** Shares of U.S. asset managers rise, reversing course after President Donald Trump said on Wednesday he authorized a 90-day pause on "reciprocal tariffs," effective immediately** KKR KKR.N up 11.4%, Apollo APO.N up 11%, Janus Henderson JHG.N up 9.2%, Blackstone BX.N up 8.9%** Invesco IVZ.N...Reuters
Wed, Apr 9
Stocks rally on Trump tariff pause after market rout
NEW YORK, April 9 (Reuters) - Wall Street surged after U.S. President Donald Trump announced a 90-day pause in tariffs he announced last week. The policy changes also include a lowered overall tariff of 10% during that 90-day period, and increase on tariffs on Chinese imports to 125%, from the 104% ...Reuters
Wed, Apr 9
Nvidia rises as Trump pauses tariffs and reverses export controls
** Shares of AI chip firm Nvidia NVDA.O rise 13.1% to $109.02 after U.S. President Donald Trump authorized a 90-day pause on tariffs, effective immediately** NPR also reported on Wednesday the Trump administration has reversed course on plans to restrict exports of NVDA's H20 artificial intellig...Reuters
Wed, Apr 9
ANALYSIS-How Trump's policy risk is showing in Treasury bonds
US Treasuries' term premium, a measure of risk, remained positive amid bond rally after inaugurationDuring recent market sell off, term premium has risen further still Some investors voicing concern about Trump's impact on U.S. creditworthinessPositive term premium could be a sign bond vigil...Reuters
Wed, Apr 9
US farm equipment makers rise after Trump's 90-day pause on tariffs
** Shares of U.S.-based farm equipment makers rise after U.S. President Donald Trump authorizes a 90-day pause as part of his tariff plan** Caterpillar CAT.N rises 5.6%, Deere DE.N up 7.3%, CNH Industrial CNH.N up 6.4% and AGCO AGCO.N up 7.1%** Trump, however, says he is raising the tariff rate for ...Reuters
Wed, Apr 9
US energy firms rise after Trump announces 90-day pause on tariffs
** S&P 500 energy index .SPNY rises 4.4% as oil prices edge higher** Brent crude futures LCOc1 up 0.7% at $63.28 a barrel; U.S. West Texas Intermediate (WTI) crude CLc1 rises 0.5% to $59.86 a barrel** U.S. President Donald Trump said on Wednesday he authorized a 90-day pause as part of his tarif...Reuters
Wed, Apr 9
US chip stocks rises after Trump authorizes 90-day tariffs pause
** Shares of U.S. chip stocks rise after Trump administration authorizes 90-day pause on tariffs, effective immediately** U.S. President Donald Trump said on Wednesday he authorized a 90-day pause as part of his tariff plan but was also raising the tariff rate for China to 125%, effective immediatel...Reuters
Wed, Apr 9
Tesla jumps after Trump authorizes 90-day pause on tariffs
** EV maker Tesla's shares rise 12.5% to $248.20** U.S. President Donald Trump authorizes 90-day pause on sweeping global tariffs, even as he raises levies to 125% on imports from China ** Trump's 104% tariffs on Chinese imports had kicked in earlier on Wednesday** For Tesla, already in a br...Reuters
Wed, Apr 9
US big banks rise as Trump announces 90-day tariff pause
** Shares of big U.S. banks rise, reversing course after President Donald Trump said on Wednesday he authorized a 90-day pause, effective immediately, as part of his tariff plan** Morgan Stanley MS.N up 8.4%, Goldman Sachs GS.N up 8.1%, and JPMorgan Chase JPM.N up 6%** Citigroup C.N up 5.6%, Wells F...Reuters
Wed, Apr 9
LIVE MARKETS-US stocks surge as Trump issues pause on reciprocal tariffs
Main US indexes jump; Nasdaq up ~8%All S&P 500 sectors green; Tech leadsDollar slips; crude up >2%; gold up >2%; bitcoin up >5%US 10-Year Treasury yield up on day, but pares to ~4.40%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share...Reuters
Wed, Apr 9
President Donald Trump Is Playing a Game of Chicken With the Federal Reserve. Who Will Blink First?
President Donald Trump has not been shy about his desire for the Federal Reserve to lower interest rates. Lower rates have historically been good for stocks; they make the cost of borrowing cheaper, which would help the country's future debt issuances, and they would also lower mortgage rates, assis...The Motley Fool
Wed, Apr 9
REFILE-INSTANT VIEW-U.S. Treasury auction allays concern about selloff
NEW YORK, April 9 (Reuters) - U.S. Treasuries, the bedrock of the global financial system, were hit by fresh selling pressure earlier Wednesday, in a sign that investors were dumping their safest assets after the U.S. roiled markets by introducing sweeping trade tariffs.MARKET REACTION:TREASURIES: U...Reuters
Wed, Apr 9
US automakers rise after Trump's 90-day pause on tariffs
** U.S. automakers' shares rise after President Donald Trump announces 90-day pause on tariffs** GM GM.N up ~6%, Ford F.N up ~5.7%** Trump said on Wednesday he authorized a 90-day pause as part of his tariff plan but was raising the tariff rate for China to 125%, effective immediately** YTD, GM ...Reuters
Wed, Apr 9
INSTANT VIEW-U.S. Treasury auction allays concern about selloff
NEW YORK, April 9 (Reuters) - U.S. Treasuries, the bedrock of the global financial system, were hit by fresh selling pressure earlier Wednesday, in a sign that investors were dumping their safest assets after the U.S. roiled markets by introducing sweeping trade tariffs.MARKET REACTION:TREASURIES: U...Reuters
Wed, Apr 9
Why Walmart Stock Is Soaring Today Despite Stock Market Uncertainty
Shares of Walmart (NYSE: WMT) are climbing on Wednesday. The retail giant's stock gained 7% as of 1:15 p.m. ET. The rise comes as the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) continued to see heightened volatility.Walmart announced today that it was lowering income exp...The Motley Fool
Wed, Apr 9
