News
Important Only
European shares fall after fresh Trump tariff threats
Trump threatens additional tariffs on CanadaRedcare Pharmacy soars after 2025 outlook above estimatesHenkel down after soft guidanceSTOXX down 1.7%By Nikhil Sharma and Purvi Agarwal March 11 (Reuters) - European shares fell to their lowest levels in more than a month on Tuesday on fears that U.S....Reuters
Tue, Mar 11
LIVE MARKETS-BofA clients net buyers for a 6th straight week, but inflows wane
Main US indexes red; S&P 500, Dow both down >1.2%All S&P 500 sectors fall; Industrials weakest groupEuro STOXX 600 index down ~1.8%Dollar declines; crude up; gold up ~1%; bitcoin up ~2.5%U.S. 10-Year Treasury yield rises to ~4.25%Welcome to the home for real-time coverage of markets broug...Reuters
Tue, Mar 11
Verizon's 'unusual' quarter warning rattles US telecom shares
By Priyanka G and Harshita Mary VargheseMarch 11 (Reuters) - Verizon Communications VZ.O warned that off-season promotions by rivals will likely lead to "soft" wireless subscriber growth in the first quarter, knocking its shares down more than 7% and sparking a selloff in the telecom sector...Reuters
Tue, Mar 11
Houlihan Lokey rises after Wells Fargo upgrades to 'overweight'
Shares of investment bank Houlihan Lokey HLI.N rise as much as 3.8%; last up 2.3% at $157.96 in afternoon trade. Wells Fargo Securities upgrades HLI to "overweight" from "underweight", according to data compiled by LSEG** Stock outperforms rival U.S. investment banks.
Reuters
Tue, Mar 11
US travel-related shares tumble as airline forecasts fuel concerns
** Shares of travel-related companies are falling and underperforming the broader market Tues after slashed forecasts from Delta Air Lines DAL.N and other airlines fueled concern about the impact of a weaker economy on travel spending** Among shares of resorts and big travel destinations, Walt Disne...Reuters
Tue, Mar 11
The Nasdaq Just Hit Correction Territory: Can Buying This Safe Stock Today Set You Up for Life?
The tech-laden Nasdaq Composite index is having a forgettable 2025 so far as it recently entered correction territory following remarkable gains in 2023 and 2024 thanks to catalysts such as artificial intelligence (AI).Investors have apparently been booking profits in high-flying tech stocks amid ec...The Motley Fool
Tue, Mar 11
Kohl's set for worst day after forecasting a bigger-than-expected drop in 2025 sales
** Shares of U.S. department store chain Kohl's KSS.N fall as much as 24.6% to a more than 28-year low of $9.09 ** Stock set for its worst day on record, if losses hold** Company forecasts bigger-than-anticipated drop in annual sales, and expects profit to be below estimates as it grapple...Reuters
Tue, Mar 11
TREASURIES-Yields edge higher with risk aversion less pronounced
Two-year Treasury yield hits five-month lowsSpreads on US government one-year credit default swaps hit widest level since November 5Junk corporate bond spreads widen to widest level since SeptemberBy Matt Tracy WASHINGTON, March 11 (Reuters) - U.S. Treasury yields ticked higher on Tuesday, reboun...Reuters
Tue, Mar 11
GLOBAL MARKETS-Global stocks extend selloff without clarity on tariffs, economy
US stocks fall again but less sharply after Monday's selloff Treasury yields turn around as does goldOil prices bounce back By Sinéad Carew and Alun John NEW YORK/LONDON, March 11 (Reuters) - After falling sharply on Monday, equities were losing ground again on Tuesday, though at a slower pac...Reuters
Tue, Mar 11
Cost of insuring against U.S. default risk at highest since Nov.5
LONDON, March 11 (Reuters) - U.S. short-dated credit default swaps, instruments used to hedge exposure to a credit, rose on Tuesday to their highest levels since the U.S. election on Nov. 5, a move that reflects creeping anxiety about the U.S. debt ceiling.One-year credit default swaps now trade at ...Reuters
Tue, Mar 11
Disney falls as concerns grow over a travel slowdown
** Shares of Walt Disney DIS.N fall 4.1% to $98.84 amid growing concerns about a travel slowdown weighing down on its parks business** Theme parks and resorts and cruise lines are a major source of revenue and profit for Disney** Airline shares fell amid broad market selloff on Monday after tariff j...Reuters
Tue, Mar 11
BREAKINGVIEWS-Market jitters hand IPO wannabes a thorny dilemma
By Karen Kwok LONDON, March 11 (Reuters Breakingviews) - Capital-markets bankers started 2025 betting on an initial public offering boom. Now they’re facing a plot twist. Monday’s market selloff and surging volatility may give IPO hopefuls like Klarna, CoreWeave and others pause for thought. The ...Reuters
Tue, Mar 11
Here's My Top "Magnificent Seven" Stock to Buy in the Nasdaq Stock Market Correction
The Nasdaq is officially in correction territory, with the Nasdaq-100 index down by more than 12% from its recent high. A big driver of this has been the "Magnificent Seven" stocks, many of which are down by 20%, or much more, in just a few weeks.To be fair, there's a solid case to be made that some...The Motley Fool
Tue, Mar 11
StandardAero, Inc. reports results for the quarter ended December 31 - Earnings Summary
StandardAero, Inc. SARO.N reported quarterly adjusted earnings of 16 cents per share for the quarter ended December 31. The mean expectation of eight analysts for the quarter was for earnings of 14 cents per share. Wall Street expected results to range from 11 cents to 22 cents per share.Revenue ...Reuters
Tue, Mar 11
Will "Tarzhay" Be Enough to Turn Target Stock Around?
Target (NYSE: TGT) is hovering around a 52-week low after reporting fourth-quarter fiscal 2024 earnings.For fiscal 2025, Target is forecasting a modest increase in operating margin and just a 1% increase in net sales. But the retailer expects to turn the business around by 2030 through a $15 billion...The Motley Fool
Tue, Mar 11
