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US STOCKS-Wall Street rout drags Nasdaq near bear market
Indexes down: S&P 500 4.07%, Nasdaq 4.07%, Dow 3.49%Nasdaq drops 20% from all-time closing highsPowell warns of tariff impact on inflation March payrolls beat expectations By Sruthi Shankar and Pranav Kashyap April 4 (Reuters) - Wall Street fell sharply for a second straight session on Fr...Reuters
Fri, Apr 4
US footwear and luxury firms reverse course after Trump says Vietnam in talks to reduce tariffs
** Shares of U.S. footwear companies reverse course to rise after President Donald Trump says Vietnam's leader offers to reduce tariffs on U.S. imports** Companies including Nike NKE.N, Adidas ADSGn.DE, Lululemon LULU.O as well as On Holding ONON.N produce most of their apparel and footwear in V...Reuters
Fri, Apr 4
3M Stock Soared in Q1 While the S&P 500 Struggled. Here's Why.
Given the tumultuous events in April, it's easy to forget that 3M (NYSE: MMM) stock is actually up on the year; at least, it is at the time of writing! That's due to an impressive first-quarter performance of 13.8%, according to data provided by S&P Global Market Intelligence.3M is on the recovery t...The Motley Fool
Fri, Apr 4
Is SoFi Stock a No-Brainer Buy Under $10?
In this video, I will talk about recent updates regarding SoFi Technologies (NASDAQ: SOFI). Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of April 3, 2025. The video was published on April 3, 2025.Where ...The Motley Fool
Fri, Apr 4
Galmed Pharmaceuticals falls after Maxim downgrade
** Shares of Israel-based drug developer Galmed Pharmaceuticals GLMD.O down 5.5% to $1.38** Maxim Group cuts rating from to "hold" from "buy," and removes PT ** Downgrading GLMD due to the lack of clarity on the path forward and strategic positioning - Maxim** GLMD may also potential...Reuters
Fri, Apr 4
Why Nvidia, Broadcom, and Taiwan Semiconductor Manufacturing Are Plunging Today
Shares of many semiconductor companies, including Nvidia (NASDAQ: NVDA), Broadcom (NASDAQ: AVGO), and Taiwan Semiconductor (NYSE: TSM) tumbled again today as investors processed the potential implications of President Donald Trump's tariffs on the companies and the broader tech industry.Nvidia's sto...The Motley Fool
Fri, Apr 4
Scor shares down 13% after confirming judicial probe
By Michael JonesApril 4 - (The Insurer) - Scor's share price fell by almost 13% on Friday after the reinsurer confirmed that it had been placed under "examination" in France.The reinsurer's share price fell as low as 22.92 euros as of 1:02 p.m. CEST on Friday, down 12.8% from the pre...Reuters
Fri, Apr 4
Hedge funds sell largest amount of stocks since 2010, Goldman Sachs says
NEW YORK, April 4 (Reuters) - Hedge funds across the world on Thursday sold global equities on a net basis at largest 1-day amount since 2010 amid a market meltdown, Goldman Sachs said in a note to clients on Friday.The bank said portfolio managers mainly added bets against stocks on Thursday, altho...Reuters
Fri, Apr 4
GE Healthcare and Varex falls after China begins anti-dumping probe into medical imaging equipment
** Shares of medical equipment makers GE Healthcare GEHC.O fall 12.6% to $62.94, and Varex Imaging VREX.O down 16.3% to $8.64** China launches an anti-dumping probe into imports of certain medical X-ray tubes used in CT scans from the U.S. and India ** China also announces export curbs on some mediu...Reuters
Fri, Apr 4
Some health insurers rack up gains as equities plunge
** Shares of some health insurers rise and set to notch weekly gains, bucking selloff in global equities as trade war worries escalate .N ** The U.S. Senate on Thurs confirmed Dr. Mehmet Oz, celebrity TV physician nominated by President Donald Trump, as Administrator for the Centers for Medicare and...Reuters
Fri, Apr 4
QUOTES-Market tariff fallout continues as Powell says Fed still in wait and see mode
April 4 (Reuters) - Wall Street fell sharply again on Friday, pushing the Nasdaq toward a bear market, after China imposed fresh tariffs on all U.S. goods in response to the Trump administration's sweeping levies, escalating a global trade war. Losses in the S&P 500 .SPX and Nasdaq ...Reuters
Fri, Apr 4
US agricultural stocks fall, China's additional tariffs raise concerns
** Shares of U.S. agricultural commodity traders fall after China imposes 34% additional tariffs on U.S. exports to the country** China remains the largest market for U.S. agricultural products, but imports of U.S. farm goods dropped last year to $29.25 billion from $42.8 billion in 2022** The most-...Reuters
Fri, Apr 4
U.S. STOCKS ON THE MOVE-Big Tech, US card firms, copper miners
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street fell sharply for a second straight session on Friday, pushing the Nasdaq toward a bear market, after China imposed fresh tariffs on all U.S. goods in response to the Trump admini...Reuters
Fri, Apr 4
Russian vegoil maker Efco in talks to buy former Bunge plant, sources say
MOSCOW, April 4 (Reuters) - Russia's leading sunflower oil maker Efco is in talks to buy oil extraction plant, which used to be owned by U.S. crop commodities trader Bunge Global BG.N, several market and industry sources told Reuters. Bunge sold its Russian assets in 2023 after Russia launched m...Reuters
Fri, Apr 4
LIVE MARKETS-Oh, was payrolls this morning? A jobs report deep dive
Main US indexes tumble >3%All S&P 500 sectors red; Energy, off >6%, weakest groupEuro STOXX 600 index down ~5%Dollar up; bitcoin rises >1%; gold off >2%; crude slides >7%US 10-Year Treasury yield falls to ~3.95%Welcome to the home for real-time coverage of markets brought to you b...Reuters
Fri, Apr 4
South African assets extend drop on tariffs and local politics
By Sfundo Parakozov JOHANNESBURG, April 4 (Reuters) - South African assets fell further on Friday as investors worried about the impact of U.S. President Donald Trump's sweeping tariffs and the future of South Africa's coalition government.At 1511 GMT, the rand traded at 19.0175 against ...Reuters
Fri, Apr 4
Santander boss Botin warns of impact from US tariffs but says bank's diversification will help
UK not for sale, bank looking at opportunities, Botin saysSees ROTE post AT-1 at 15.7% at end-Q1 vs 15.5% end 2024Capital rose 10 basis points in the quarter to 12.9%Monitoring implications of tariff announcement in USBy Jesús Aguado MADRID, April 4 (Reuters) - Spain's Santander SAN.MC Execut...Reuters
Fri, Apr 4
US medical device makers fall as China retaliates to US tariffs
** Shares of U.S. medical device makers fall, along with the broader market, after China imposes 34% retaliatory tariffs on American goods, escalating a global trade war** China's finance ministry says the additional levies will be effective from April 10** Shares of Abbott Laboratories ABT.N d...Reuters
Fri, Apr 4
Sarepta falls after halting three studies of Duchenne gene therapy
** Shares of gene therapy maker Sarepta Therapeutics SRPT.O fall 4.2% to $56.17 ** Co says it temporarily halted three trials testing its gene therapy Elevidys for Duchenne Muscular Dystrophy, as EU regulators reviewed a death of a patient who had received its gene therapy last month ** Co says an ...Reuters
Fri, Apr 4
