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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
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
