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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
CANADA STOCKS-TSX set for near seven-month low amid US-China trade war
By Sanchayaita Roy April 4 (Reuters) - Canada's main stock index fell sharply on Friday as investors reacted to mounting global trade tensions following China's retaliatory measures against U.S. reciprocal tariffs . Toronto Stock Exchange's S&P/TSX composite index ....
Reuters
Fri, Apr 4
Nasdaq set to confirm bear market as tariffs threaten Big Tech growth
By Sukriti Gupta and Medha Singh April 3 (Reuters) - The Nasdaq looked set to confirm a bear market on Friday, down more than 20% from its record high, as China and the U.S. entered a tit-for-tat tariff war that raised recession fears and clouded the outlook for tech companies spearheading the AI...
Reuters
Fri, Apr 4
Why Nio Stock Plunged 17.7% in March
With Nio (NYSE: NIO) stock rallying 12% by the 18th of last month, investors thought shares of the electric vehicle (EV) maker had finally bottomed. Unfortunately, their hopes were dashed soon after as Nio stock made a U-turn, hit a 52-week low, and ended March 17.7% lower, according to data provide...
The Motley Fool
Fri, Apr 4
BMO sees valuation discount in Centerspace, upgrade stock to ‘outperform’
Investing.com -- BMO Capital Markets upgraded Centerspace, a Midwest and Mountain West-focused multifamily real estate investment trust (REIT), to Outperform, citing an attractive valuation discount r
Investing.com
Fri, Apr 4
GLOBAL MARKETS-Stocks, oil plunge again as China hits back after Trump tariffs
Stocks extend global selloff after China retaliatesTraders ramp up bets on Fed, BoE, ECB rate cuts Live coverage of the latest developments on tariffsBy Caroline Valetkevitch and Harry Robertson NEW YORK/LONDON, April 4 (Reuters) - Global stock markets tumbled and oil prices dropped fo...
Reuters
Fri, Apr 4
Silver miners fall after Trump's tariffs raise demand concerns
** Shares of silver miners fall, tracking a sharp decline in prices of the metal** Spot silver XAG= slips 7.1% to $29.56 an ounce, headed for its worst week since September 2020** Prices fall as concerns about demand for the industrial precious metal dominated sentiment due to recession fears stemmi...
Reuters
Fri, Apr 4
Colombian stock index, peso down as trade war ramps up
BOGOTA, April 4 (Reuters) - Colombia's peso exchange and main stock market index both weakened by more than 3% in early trading on Friday, after China hit the U.S. with retaliatory tariffs following a global tariff announcement by the administration of President Donald Trump.Colombia's peso ...
Reuters
Fri, Apr 4
FACTBOX-Brokerages slash S&P 500 annual targets after latest tariffs
April 4 (Reuters) - Analysts expect U.S. President Donald Trump's latest tariffs to weaken global economic growth, fuel volatility in global markets and raise inflationary pressures.RBC Capital Markets and UBS Global Wealth Management have both slashed their year-end targets for the S&P 500 ...
Reuters
Fri, Apr 4
Citi says reported Intel-TSMC JV would be 'the wrong move'
Investing.com -- Citi analysts are skeptical about reports that Intel (NASDAQ:INTC) and TSMC are considering a joint venture, arguing that such a move would not be successful given fundamental differe
Investing.com
Fri, Apr 4
EMERGING MARKETS-Latam stocks, FX head for biggest daily drop since COVID pandemic as China hits back
China retaliation on US farm goods could bolster BrazilColombia needs further adjustment in budget to meet fiscal ruleCEE stocks index set for biggest daily drop in three yearsMSCI Latam stocks index down 6.7%, FX off 3.3%By Johann M Cherian April 4 (Reuters) - Indices tracking Latin American sto...
Reuters
Fri, Apr 4
Tariffs Are Crushing These 2 Stocks. But Long-Term Investors Are Getting an Incredible Bargain.
The stock market has taken a steep downturn after President Donald Trump's tariff announcements. As of this writing, the S&P 500 is firmly in correction territory, and the Nasdaq Composite is just a couple percentage points away from officially being in a bear market.To be sure, stocks are down for ...
The Motley Fool
Fri, Apr 4
Gold miners fall as traders liquidate positions amid wider market selloff
** Shares of gold miners slip, tracking a fall in prices of the precious metal** Spot gold XAU= down 2.4% at $3,046.37/ounce, while U.S. gold futures GCv1 fall 1.5% to $3,075.40/ounce GOL/** Gold prices fall as traders liquidated their bullion positions following wider market selloffs, after China...
Reuters
Fri, Apr 4
Why Shares of Innovative Industrial Properties Sank This Week
The one event that strikes true fear into the heart of real estate investment trust (REIT) investors is the tenant default.Cannabis REIT Innovative Industrial Properties (NYSE: IIPR) announced more than one default earlier this week, and the market reacted by energetically selling out of the company...
The Motley Fool
Fri, Apr 4
Retail investors buy stocks at largest level in 10 years, JPMorgan says
NEW YORK, April 4 (Reuters) - Retail investors bought $4.7 billion in stocks on Thursday, the highest level over the past decade, JPMorgan JPM.N said in a note on Friday. The historic "buy-to-dip" move by retail investors included names such as Nvidia NVDA.O, Amazon AMZN.O and S&P exchan...
Reuters
Fri, Apr 4
Simulations Plus bounces after slight rev beat, maintained outlook
** Shares of medical software firm Simulations Plus SLP.O last up 2.1% at $24.21 amid a sea of red on Fri after qtrly rev came in just above consensus and it reaffirmed FY outlook** SLP bounces off 1-yr low hit on Thurs by as much as 9.3% to $26.03 and is among top performers in S&P 1500 index ....
Reuters
Fri, Apr 4
US STOCKS-Nasdaq heads toward bear market as trade war worries grow
Indexes down: S&P 500 3.3%, Nasdaq 3.7%, Dow 3%March payrolls beat expectations Fed chair Jerome Powell's speech at 11:25 am ETBy Sruthi Shankar and Pranav Kashyap April 4 (Reuters) - Wall Street fell sharply for a second straight session on Friday, pushing the Nasdaq toward a bea...
Reuters
Fri, Apr 4
Why Shares in Boeing Slumped This Week
Shares in Boeing (NYSE: BA) declined by 12.9% in the week to Friday morning. Like most of the market, the aerospace giant felt the impact of the tariffs announced by the U.S. administration.Boeing and tariffsThe tariffs potentially hit Boeing in two ways. First, they can negatively impact its compet...
The Motley Fool
Fri, Apr 4
DuPont dips after China's market regulator launches investigation
** Shares of chemicals and industrial solutions maker DuPont DD.N fall 14.8% to $57.77 ** Report says company's China group under investigation into alleged violation of the country's anti-monopoly law** "We are aware of a report that the State Administration for Market Regulation of the...
Reuters
Fri, Apr 4
GE Healthcare falls after China begins anti-dumping probe into medical imaging equipment
** Shares of medical equipment maker GE Healthcare GEHC.O fall 13.5% to $62.25** China launches an anti-dumping probe into imports of certain medical X-ray tubes used in CT scans from the U.S.** China also announces export curbs on some medium and heavy rare-earth metals, including gadolinium, which...
Reuters
Fri, Apr 4
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