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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
Wall Street 'fear gauge' jumps to 8-month high as stocks sell off
By Saqib Iqbal Ahmed NEW YORK, April 4 (Reuters) - Wall Street's top 'fear gauge' jumped to a fresh eight-month high on Friday as U.S. stocks opened sharply lower after China imposed fresh tariffs on all U.S. goods in response to the Trump administration's sweeping levies.The Cboe...Reuters
Fri, Apr 4
US fintechs fall after China imposes additional tariffs
** Shares of U.S. fintech companies fall after China announced an additional 34% tariff on all U.S. goods from April 10** U.S. President Donald Trump said on Wednesday he would impose a 10% baseline tariff on all imports into the U.S. and higher duties on some of the country's biggest trading pa...Reuters
Fri, Apr 4
Baltic index drops to one-month low as rates across vessels decline
April 4 (Reuters) - The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, slipped to a one-month low on Friday on waning demand across vessel segments as trade war tensions rise.* The main index .BADI, which tracks rates for capesize, pan...Reuters
Fri, Apr 4
US drugmakers fall after Trump's new tariff warnings
** Shares of some U.S. drugmakers fall, amid a broader market sell-off, after President Donald Trump threatened steep tariffs on the sector** Pharma stocks briefly rose on Wednesday after Trump spared pharmaceutical products from reciprocal tariffs** Trump said tariffs on the sector are expected to ...Reuters
Fri, Apr 4
US regional banks fall as China retaliates to Trump's tariffs
** Shares of U.S. regional banks fell in morning trade amid a global stock rout prompted by China's retaliation to President Donald Trump's reciprocal tariffs ** Regional banks Fifth Third Bancorp FITB.O, M&T Bank MTB.N and Keycorp KEY.N fall 5.6%, 4.5% and 7.2% respectively ** Com...Reuters
Fri, Apr 4
ServiceNow falls after BMO trims PT on potential reduction in federal contracts
** Brokerage BMO Capital Markets cuts PT on digital workflow company ServiceNow NOW.N to $990 from $1,185, rating remains unchanged at "outperform" ** Shares of NOW fall 4.3% to $739.08** Brokerage flags uncertainties for co surrounding lesser contracts from the U.S. federal government as we...Reuters
Fri, Apr 4
Major US insurers slide after China retaliates with tariffs
** Shares of U.S. insurers fall after China's finance ministry said an additional 34% tariff will be imposed on all U.S. goods from April 10 in a response to U.S. President Donald Trump's sweeping tariffs ** MetLife MET.N down 6.7%, Prudential Financial PRU.N falls 5.4%, Travelers TRV...Reuters
Fri, Apr 4
Deere, Caterpillar down after China hits back at Trump tariffs
** Shares of industrial equipment makers fall after China to impose additional 34% tariffs on all U.S. goods** China also to impose export restrictions on some rare earths effective April 4** The ban on items related to rare earth elements is the latest demonstration of China's ability to weapon...Reuters
Fri, Apr 4
Chemical firms fall, China's additional tariffs fuel demand concerns
** Shares of chemical companies decline after China imposes 34% additional tariffs on imports from the U.S. ** China was the third-largest importer of U.S. exports (measured by value) in 2024, accounting for 7% of U.S. exports, says BIMCO Chief Shipping Analyst Niels Rasmussen** Chemicals made up 18...Reuters
Fri, Apr 4
LIVE MARKETS-Most pessimism since Financial Crisis bear was ending - AAII
Main US indexes decline, but off lows: S&P 500 now down ~3%All S&P 500 sectors red; Energy, off ~6%, weakest groupEuro STOXX 600 index down >4%Dollar up; bitcoin rises >1%; gold off >1%; crude slides >8%US 10-Year Treasury yield falls to ~3.96%Welcome to the home for real-time co...Reuters
Fri, Apr 4
BREAKINGVIEWS-Trump trade shock boosts the drab autarky trade
By Sebastian Pellejero NEW YORK, April 4 (Reuters Breakingviews) - Donald Trump’s tariffs are a chaotic attempt to reshape global trade. They’re also upending recent stock-market orthodoxy. The shock of far-higher-than-expected levies dragged the S&P 500 Index .SPX down 5% on Thursday — the w...Reuters
Fri, Apr 4
Why Kohl's Stock Was Diving This Week
As investors geared up to trade stocks Friday morning, it seemed as if Kohl's (NYSE: KSS) stock might continue to be shunned. After all, in the preceding days, its price had tumbled by nearly 22% week to date, according to data compiled by S&P Global Market Intelligence.That wasn't overly surprisin...The Motley Fool
Fri, Apr 4
Florida House bill to repeal non-fault auto insurance system clears subcommittee
By Michael LoneyApril 4 - (The Insurer) - A bill that would repeal Florida’s no-fault auto insurance system has been passed by the Florida House Insurance & Banking Subcommittee.HB 1181 was passed in the Florida House Insurance & Banking Subcommittee on Thursday and is now before the judicia...Reuters
Fri, Apr 4
Big Tech stocks fall after China retaliates with 34% additional import tariffs on US goods
** Shares of Big Tech stocks fall after China announced an additional 34% tariff on all U.S. goods as a countermeasure to sweeping tariffs imposed by U.S. President Donald Trump ** China's finance ministry says the additional levies will be effective from April 10 ** Trump said on We...Reuters
Fri, Apr 4
Crypto stocks fall as China's retaliatory tariffs drags bitcoin
** Crypto and blockchain-related stocks fall in early trading** Bitcoin BTC=, the world's biggest cryptocurrency, falls 0.8%, while Ether ETH= down 1.7%** China on Friday announced additional retaliatory tariffs on all U.S. goods** Tariffs have rattled confidence and deepened concerns over globa...Reuters
Fri, Apr 4
Retail bought stocks at largest level over the past decade, 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 "buy-the-dip" move was in stark contrast to the 2020 March sell-off, triggered by the COVID pandemic.Reuters
Fri, Apr 4
US asset managers fall after China's retaliatory tariffs extend market downturn
** Shares of U.S. asset managers fall in early trading after China's finance ministry said on Friday it will respond to President Donald Trump's tariffs with additional tariffs of 34% on all U.S. goods from April 10** Apollo APO.N down 8.4%, Blackstone BX.N and BlackRock BLK.N drop 6%, and C...Reuters
Fri, Apr 4
