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US STOCKS-Wall Street rebounds sharply after Trump announces 90-day tariff pause
Trump sets 90-day tariff pause but raises China levy to 125%Nasdaq's second-biggest daily gain, S&P's biggest since 2008All S&P 500 sectors rally, with tech adding 14.15% Indexes rally: Dow 7.87%, S&P 500 9.52%, Nasdaq 12.16%By Sinéad Carew and Shashwat Chauhan April 9 (Reuter...
Reuters
Wed, Apr 9
Tempest rises as company eyes potential merger to advance liver cancer drug
** Shares of cancer drug developer Tempest Therapeutics TPST.O rise ~9% to $7.79 in extended trading** TPST says it is exploring strategic alternatives, such as mergers or partnerships, to advance its cancer treatment programs** Company's pipeline includes its lead liver cancer drug, amezalpat, ...
Reuters
Wed, Apr 9
FACTBOX-What's in Trump's partial tariff pause
WASHINGTON, April 9 (Reuters) - U.S. President Donald Trump on Wednesday abruptly paused part of his tariff assault on global trading partners, dialing back duty rates on goods from many countries for 90 days to allow room to negotiate lower trade barriers, even as he hiked new tariffs on Chinese go...
Reuters
Wed, Apr 9
EMERGING MARKETS-Latam stocks, currencies soar after Trump temporarily lowers tariffs for most countries
MSCI Latam stocks index up 6%, FX up 1.8%Trump suspends some tariffs for 90 days IMF reaches $20 billion staff-level agreement with ArgentinaBrazil retail sales rise 0.5% in February to hit recordMexico annual inflation accelerates in MarchBy Johann M Cherian and Lisa Pauline Mattackal April 9 (R...
Reuters
Wed, Apr 9
U.S. Steel slides after Trump says he doesn't want to see co go to Japan
** United States Steel's X.N shares slides 14.1% to $38.73 in post-market trading after President Trump says he doesn't want to see it go to Japan** On Mon, Trump ordered a fresh review on Nippon Steel's 5401.T bid for U.S. Steel to help determine if "further action" is appropria...
Reuters
Wed, Apr 9
Why Take-Two Interactive Stock Surged Today
Take-Two Interactive (NASDAQ: TTWO) stock rallied in Wednesday's trading as investors got some good news on the tariff front. The video game company's share price closed out the day's trading up 6.1%. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) rose 9.5%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) j...
The Motley Fool
Wed, Apr 9
PriceSmart Inc reports results for the quarter ended February 28 - Earnings Summary
PriceSmart Inc PSMT.OQ reported quarterly adjusted earnings of $1.45 per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of $1.31. The mean expectation of three analysts for the quarter was for earnings of $1.40 per share. Wall Street...
Reuters
Wed, Apr 9
Lakeland Industries Inc reports results for the quarter ended January 31 - Earnings Summary
Lakeland Industries Inc LAKE.OQ reported a quarterly adjusted loss of 3 cents per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of -13 cents. The mean expectation of four analysts for the quarter was for earnings of 38 cents per shar...
Reuters
Wed, Apr 9
TRADING DAY-Boom! Trump tariff pause sparks monster rally
By Jamie McGeever ORLANDO, Florida, April 9 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist Trump blinks, Wall Street soarsWall Street clocked one of its best days in history on Wednesday after President Donald Trump announced a 90...
Reuters
Wed, Apr 9
President Trump's Tariff Pause: Why Airline Stocks Delta, JetBlue, and United Took Flight Today
What a roller coaster of a ride it has been since last Wednesday. After an incredibly rough stretch over the last four days of trading, this afternoon, President Donald Trump announced a 90-day pause on higher tariff rates for most countries, implementing a base 10% reciprocal level. However, Trump ...
The Motley Fool
Wed, Apr 9
Why Broadcom Stock Is Skyrocketing Today
Broadcom (NASDAQ: AVGO) stock posted explosive gains in Wednesday's trading amid a dramatic recovery for the broader market. The company's share price closed at 18.3% in the daily session. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) ended the day's trading ...
The Motley Fool
Wed, Apr 9
Nasdaq short interest up 0.6% in late March
NEW YORK, April 9 (Reuters) - Short interest on the Nasdaq rose 0.6% in late March, the exchange said on Wednesday.As of March 31, short interest climbed to about 15.754 billion shares, compared with 15.664 billion shares as of March 14.Investors who sell securities 'short' borrow shares and...
Reuters
Wed, Apr 9
North West Company Inc reports results for the quarter ended January 31 - Earnings Summary
North West Company Inc NWC.TO reported quarterly adjusted earnings of 92 cents per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of 82 cents. The mean expectation of three analysts for the quarter was for earnings of 76 cents per sha...
Reuters
Wed, Apr 9
CORRECTED-INSTANT VIEW-Investors react as stocks jump on Trump's tariff pause
NEW YORK, April 9 (Reuters) - Wall Street surged after U.S. President Donald Trump announced a 90-day pause in tariffs unveiled last week that roiled markets and erased trillions of dollars from global stock markets. The policy changes also include a lowered overall tariff of 10% during that 90-day ...
Reuters
Wed, Apr 9
Lucid Diagnostics tumbles on stock offering unveil
** Shares of Lucid Diagnostics LUCD.O down ~25% to $1.24 in extended trading on equity raise plans** New York-based commercial-stage subsidiary of PAVmed Inc PAVM.O announces stock offering without disclosing deal size** With ~90.75 mln shares outstanding, co has about $150 mln market cap** Stock o...
Reuters
Wed, Apr 9
CANADA STOCKS-Tariff pause helps TSX notch biggest gain since pandemic
TSX ends up 5.4% at 23,727.03Posts biggest advance since March 2020Technology jumps 10.8% with Shopify up 17.5%Energy adds 8.5% as oil settles 4.65% higherBy Fergal Smith April 9 (Reuters) - Canada's main stock index on Wednesday surged by the most in five years, led by gains for resource and...
Reuters
Wed, Apr 9
LIVE MARKETS-Tariff reprieve launches Wall Street's strongest rally in years
Main US indexes soar; S&P 500 9.52%; Dow 7.87%; Nasdaq 12.16%All S&P 500 sectors green; Tech, up >14%, leadsDollar gains; gold up >3%; crude up >4%; bitcoin up >6%US 10-Year Treasury yield hit 4.515% now ~4.33%Welcome to the home for real-time coverage of markets brought to you b...
Reuters
Wed, Apr 9
US STOCKS-Wall Street leaps after Trump announces 90-day tariff pause
By Sinéad Carew and Shashwat Chauhan April 9 (Reuters) - The S&P 500 closed up 9.5% on Wednesday after U.S. President Donald Trump declared a 90-day tariff pause for many countries, effective immediately, bringing some relief to investors worried about the global economic impact of U.S. trade...
Reuters
Wed, Apr 9
1 "Magnificent Seven" Stock to Buy Hand Over Fist in the Nasdaq Bear Market
As of market close on April 7, the Nasdaq Composite has fallen by 19% so far this year, falling further into bear market territory.Among the worst-hit Nasdaq stocks so far in 2025 are the "Magnificent Seven," each of which has posted negative returns on the year. During volatile times like these, it...
The Motley Fool
Wed, Apr 9
1 No-Brainer S&P 500 Vanguard ETF to Buy Right Now for Less Than $500
The S&P 500 has been in turmoil recently due to fears about President Donald Trump's steep tariffs. Some economists are growing increasingly concerned that the tariffs will cause the U.S. to slide into a recession, with J.P. Morgan recently raising the probability of one to 60% for this year. Compan...
The Motley Fool
Wed, Apr 9
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