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Viatris to pay up to $335 million to resolve opioid-related claims
April 7 (Reuters) - Viatris VTRS.O said on Monday it would pay up to $335 million over nine years as part of a nationwide settlement to resolve claims by U.S. state and local governments that it fueled an epidemic of opioid addiction.The Pennsylvania-based company, formed by the merger of Mylan and ...Reuters
Mon, Apr 7
EMERGING MARKETS-Latam stocks, currencies slide on global slowdown worries
MSCI Latam stocks index off 2.9%, FX slips 1.3%Mexico would like to avoid imposing reciprocal tariffs on U.S.Trump threatens additional tariffs on ChinaColombia seeking new international debt marketsPoland's bourse resumes after trading haltBy Johann M Cherian April 7 (Reuters) - Currencies a...Reuters
Mon, Apr 7
Trump's Tariffs Topple Tech Stocks. Here's What Amazon Investors Should Know
President Donald Trump announced a new batch of tariffs on April 2, and let's just say investors haven't been jumping with joy since then.The S&P 500 dropped over 10% in the two days following the announcement, the Dow Jones is in a correction, and the Nasdaq Composite is officially in a bear market...The Motley Fool
Mon, Apr 7
Hedge funds capitulate, investors brace for margin calls in market rout
Some hedge funds offload all stocks as selloff widensPrime brokers say leverage falling, more selling comingSales triggered by margin calls rise in South KoreaBy Summer Zhen, Samuel Shen and Carolina Mandl HONG KONG/SHANGHAI/NEW YORK, April 7 (Reuters) - Some hedge funds say they are offloading a...Reuters
Mon, Apr 7
Saia rises after BMO's rating upgrade
** Shares of less-than-truckload carrier Saia SAIA.O up 2.1% to $329.11** BMO Capital Markets upgrades SAIA's rating to "outperform" from "market perform"; target price unchanged at $455** SAIA is down 45% over the past year, including a 29% pullback year-to-date amid rising macr...Reuters
Mon, Apr 7
CANADA STOCKS-TSX falls as US-China trade war heats up
April 7 (Reuters) - Canada's main stock index fell on Monday after U.S. President Donald Trump threatened China with additional 50% tariffs, intensifying the U.S.-China trade war . Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 2.4% at 22,636.34 points. The...Reuters
Mon, Apr 7
CoStar rejigs board, plans to review capital structure after investor pressure
April 7 (Reuters) - CoStar CSGP.O said on Monday it has revamped its board and planned to review its capital allocation, as part of an agreement with hedge funds D.E. Shaw and Third Point to boost the property data firm's profitability and shares.The agreement helped CoStar avoid a potential pro...Reuters
Mon, Apr 7
Bausch Health falls after RBC Capital Markets lowers PT
** U.S.-listed shares of eye care firm Bausch Health BHC.TO down 4.2% at $5.06 ** Brokerage RBC Capital Markets cuts PT to $8.5 from $9 ahead of Q1 results, maintains "sector perform" rating** The new price target represents a 59.5% upside to the stock's last close ** Company is set ...Reuters
Mon, Apr 7
Oil stocks decline as trade tensions fuel recession fears
** U.S. oil and gas companies decline tracking declining crude prices on worries U.S. President Donald Trump's latest round of trade tariffs could push economies around the world into recession and reduce global demand for energy** Brent futures LCOc1 down 1.1% at $64.78/bbl while U.S. West Texa...Reuters
Mon, Apr 7
Why Cava Stock Was Down 23% in Q1 as the S&P 500 Had Its Worst Quarter Since 2022
Cava Group (NYSE: CAVA) stock plunged 23% in the 2025 first quarter, according to data provided by S&P Global Market Intelligence. The market wasn't enthused about its 2025 outlook, and that was followed up by fear in the markets about the coming tariff program. Younger, riskier stocks typically fal...The Motley Fool
Mon, Apr 7
LIVE MARKETS-From Dull to Dynamo: Utilities' surprising glow-up in today's market
US indexes gyrate wildly, now red again with 2% or more lossesReal Est weakest S&P 500 sector; Comm Svcs off leastEuro STOXX 600 index slides >3%Dollar rallies; bitcoin falls; gold off >1.5%; crude off >2.5%U.S. 10-Year Treasury yield jumps to ~4.09%Welcome to the home for real-time cov...Reuters
Mon, Apr 7
US insurance stocks still in the red as Wall Street investors attempt to buy market dip
By Carlos PallordetApril 7 - The S&P 500 index attempted a reversal into positive territory in morning trading, but most P&C stocks remained in the red.Insurance stocks were subject to volatile trading this morning as investors grappled with increased volatility fuelled by trade war tensions...Reuters
Mon, Apr 7
Strategy posts $5.9 bln loss as bitcoin price tumbles; MSTR shares slide
** Shares of Strategy MSTR.O down 7.3% to $272.07 on Mon after software co said expects to report a Q1 loss as value of its cryptocurrency holdings falls** Bitcoin proxy formerly known as MicroStrategy said Mon it registered $5.9 bln unrealized loss on its digital assets for qtr ended-Mar** Co said ...Reuters
Mon, Apr 7
US STOCKS-Wall St resumes slide after White House denies report of tariff pause
Indexes down: S&P 500 1.68%, Nasdaq 1.40%, Dow 2.23%By Pranav Kashyap and Purvi Agarwal April 7 (Reuters) - U.S. stock indexes resumed their slide in late morning trade on Monday as investors retreated for the third day after President Donald Trump unleashed a global trade war and a report t...Reuters
Mon, Apr 7
GLOBAL MARKETS-Stocks fall; White House says report of pause in tariffs inaccurate
Futures price in extra 25bps Fed easing this yearStocks last down in choppy early trading By Caroline ValetkevitchNEW YORK April 7 (Reuters) - Major stock indexes were down but off the lows of the day in choppy trading on Monday as the White House denied a report that U.S. President Donald Trump is ...Reuters
Mon, Apr 7
Nvidia Stock Is Swinging Wildly Today. Should Investors Jump In?
Even though Nvidia (NASDAQ: NVDA) was spared somewhat from President Donald Trump's global tariff plans, the tech giant's shares plunged with the rest of the market late last week. After a more than 10% two-day drop, Nvidia shares continued to fall by more than 8% early Monday. The stock then revers...The Motley Fool
Mon, Apr 7
U.S. Steel up after Trump orders fresh review on buyout by Nippon Steel
** Shares of United States Steel Corp X.N rise 12.5% to $43.07 ** U.S. President Donald Trump orders fresh review of Nippon Steel's 5401.T bid for U.S. Steel** Directs Committee on Foreign Investment in the United States (CFIUS) to review the deal by the buyers to help determine whether further ...Reuters
Mon, Apr 7
Wall Street 'fear gauge' flashes red as stocks extend selloff
Reuters Tariffs Live PageBy Saqib Iqbal Ahmed NEW YORK, April 7 (Reuters) - Wall Street's most watched gauge of investor anxiety jumped to a new eight-month high on Monday as U.S. stocks extended their selloff from last week on worries over the fallout from U.S. President Donald Trump's t...Reuters
Mon, Apr 7
South African rand hits 18-month low, stocks recover from plunge
Rand hits weakest vs US dollar since October 2023Top-40 stocks index hits 9-1/2 month low, then bouncesBenchmark 2030 government bond rises JOHANNESBURG, April 7 (Reuters) - South Africa's rand slumped to its weakest in 18 months on Monday, while local stocks plunged before staging a recovery...Reuters
Mon, Apr 7
