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CORRECTED-GLOBAL MARKETS-S&P 500 up 6%, dollar gains as Trump announces tariff pause excluding China
US Treasury yields pare gains after auctionTrump announcement drives stocks sharply higherBy Caroline ValetkevitchNEW YORK, April 9 (Reuters) - Major stock indexes shot higher on Wednesday, with the S&P 500 last up more than 6%, after U.S. President Donald Trump said he had authorized a 90-day p...Reuters
Wed, Apr 9
Why Palantir Stock Is Skyrocketing Today
Palantir (NASDAQ: PLTR) stock is seeing massive gains in Wednesday's trading. The software specialist's share price was up 18.2% as of 3:20 p.m. ET, amid an 8.5% gain for the S&P 500 and a 9.9% rally for the Nasdaq Composite.Palantir stock is surging today after President Donald Trump announced a 90...The Motley Fool
Wed, Apr 9
Gold miners rise as bullion heads for best day since October 2023
** Shares of gold miners rise, tracking prices of bullion, which pared earlier gains but was still set for its best day since October 2023 GOL/ ** Spot gold XAU= up 3.4% at $3,085.50/ounce, helped by safe-haven inflows amid escalating U.S.-China trade tensions as U.S. President Donald Trump further ...Reuters
Wed, Apr 9
Major US insurers jump as Trump announces 90-day tariff pause
** Shares of U.S. insurers jump after President Donald Trump says he has authorized a 90-day tariff pause for many countries, effective immediately** MetLife MET.N jumps 8.3%, Prudential Financial PRU.N rises 8.16%, Travelers TRV.N up 4.2% and American International Group AIG.N up 6.6%** Trump, howe...Reuters
Wed, Apr 9
PRECIOUS-Gold rises, eyes best day since October 2023 as tariff war heats up
Trump announces 90-day pause on new tariffsU.S. to impose 125% tariffs on ChinaMarch Fed minutes show broad sense of higher inflationSpot gold up more than $400 this yearBy Brijesh Patel April 9 (Reuters) - Gold climbed more than 2% on Wednesday and was poised for its best day since October 2...Reuters
Wed, Apr 9
Why Cal-Maine Foods Shares Were Volatile Today
Cal-Maine Foods (NASDAQ: CALM), the nation's largest egg producer, missed on earnings but announced an agreement to acquire breakfast food manufacturer Echo Lake Foods. Investors weren't sure what to make of it all. In a volatile day for broader markets, shares of Cal-Maine fell 8% at the open, soar...The Motley Fool
Wed, Apr 9
Why Tesla Stock Is Skyrocketing Today
Tesla (NASDAQ: TSLA) stock is soaring today amid a big rebound rally for the broader market. The company's share price was up 18.5% as of 3 p.m. ET. Meanwhile, the S&P 500 index was up 7.2%, and the Nasdaq Composite index was up 9.7%.The stock market is surging today after President Donald Trump ann...The Motley Fool
Wed, Apr 9
Why Defense Stocks Are Rocketing Higher
Positive tariff news and some industry-specific speculation concerning future business helped light a rocket under defense stocks, sending the entire sector up.AeroVironment (NASDAQ: AVAV) shares led the way up 14%, and shares of Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC), and Science...The Motley Fool
Wed, Apr 9
Forestry firms jump after Trump authorizes 90-day pause on tariffs
** Forestry products firms rise after U.S. President Donald Trump authorized a 90-day pause, effective immediately, as part of his tariff plan** Weyerhaeuser WY.N up 5.6%, Potlatchdeltic Corp PCH.O gains 4.3% and Rayonier RYN.N up 3.5%** Canadian firms: Canfor Corp CFP.TO up 7.3%, Interfor IFP.TO ga...Reuters
Wed, Apr 9
Why XRP (Ripple) Is Skyrocketing Today
The crypto token XRP (CRYPTO: XRP) is rebounding on Wednesday, gaining 12% as of 2:30 p.m. ET. The jump comes as the broader market shot up: The S&P 500 and Nasdaq Composite gained a whopping 8.6% and 10.9%, respectively. XRP jumped after President Donald Trump announced a 90-day reduction of all ta...The Motley Fool
Wed, Apr 9
Chemical firms rise after Trump announces 90-day pause on tariffs
** Shares of chemical firms rise after U.S. President Donald Trump authorized a 90-day pause, effective immediately, as part of his tariff plan ** Dow DOW.N and DuPont DD.N jump 15% and 11.8%, respectively; Celanese CE.N gains 17.3%** Coating makers PPG Industries PPG.N and Sherwin-Williams SHW.N up...Reuters
Wed, Apr 9
US STOCKS-Wall Street leaps after Trump announces 90-day tariff pause
Trump sets 90-day tariff pause but raises China levy to 125%Indexes up: Dow 7.27%, S&P 500 8.51%, Nasdaq 10.77%By Sinéad Carew and Shashwat Chauhan April 9 (Reuters) - Wall Street's main indexes soared on Wednesday, with the S&P 500 up more than 8%, after U.S. President Donald Trump ...Reuters
Wed, Apr 9
Why These Gold Stocks Skyrocketed Today, and Why You'd Want to Buy Some
Gold stocks were among the top gainers in the markets today, with shares of some gold miners even rallying by double-digit percentages throughout the day. Here are some top-performing gold stocks and their intraday highs as of 2 p.m. ET Wednesday.Harmony Gold Mining (NYSE: HMY): Up 15.3%Iamgold Corp...The Motley Fool
Wed, Apr 9
INSTANT VIEW-Stocks jump on Trump's tariff pause, but uncertainty lingers
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
Life sciences firms jumps after Trump announces 90-day tariff pause
** Shares of some life sciences companies rise in afternoon trading, reversing course, after U.S. President Donald Trump authorized a 90-day pause on many of his new tariffs, effective immediately** Shares of QuidelOrtho QDEL.O up 9.2%, Thermo Fisher Scientific TMO.N up ~7%, Bio-Techne TECH.O up 10%...Reuters
Wed, Apr 9
U.S. homebuilders rally, mortgage lenders pare losses as equities rebound
** Shares of homebuilders swing into the green and some mortgage lenders trim losses as equities jump on Weds after Trump announces 90-day tariff pause .N** Homebuilders and mortgage lenders, which are sensitive to Interest rates, were down earlier in the session as yields surged to seven-week highs...Reuters
Wed, Apr 9
RPT-Magnificent Seven to add more than $1 trillion in value after Trump pauses some tariffs
By Aditya SoniApril 9 (Reuters) - The "Magnificent Seven" stocks were poised to gain more than $1 trillion in market value on Wednesday after U.S. President Donald Trump approved a 90-day tariff pause, easing pressure on tech giants that had tumbled in recent sessions.Shares of the companies...Reuters
Wed, Apr 9
WeightWatchers prepares for bankruptcy, WSJ reports
April 9 (Reuters) - WW International WW.O, also known as WeightWatchers, is preparing to file for bankruptcy in the coming months as part of a plan to hand control of the business to its creditors, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.Shares of the co...Reuters
Wed, Apr 9
US card companies rise after Trump announces 90-day tariff pause
** Shares of U.S. card companies jump, reversing course after U.S. President Donald Trump announces 90-day pause on many of his new tariffs that he had unveiled initially last week** Visa V.N rises 6%, Mastercard MA.N up 6.1% and American Express AXP.N jumps 12.1% ** Trump, however, says he would ra...Reuters
Wed, Apr 9
