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GLOBAL-MARKETS-Stocks sell off, US dollar weakens as Trump tariffs fuel economic worries
S&P 500 down more than 4% in afternoon tradingDollar down against euro, yen Safe-haven bonds rallyBy Caroline Valetkevitch and Marc Jones NEW YORK/LONDON, April 3 (Reuters) - Stock indexes tumbled on Thursday, with the S&P 500 down more than 4%, while the U.S. dollar weakened and oil ...Reuters
Apr 3, 2025
Trump's "Reciprocal Tariffs": Why Major AI Stocks Apple, Meta, and Alphabet (Google) Are Feeling the Heat Today
The whole U.S. stock market is feeling the pain from the sweeping new tariffs that President Trump announced Wednesday after the market closed. As of 1:10 p.m. ET Thursday, the blue chip Dow Jones Industrial Average had fallen by over 1,300 points (3.1%), the broad market S&P 500 was off by 3.9%, an...The Motley Fool
Apr 3, 2025
Why Heavy Equipment Manufacturer Stocks Are Falling Today
Wall Street's initial reaction to the new tariff policies announced Wednesday night is not positive, and manufacturers of heavy equipment are reacting worse than the overall market.Shares of Caterpillar (NYSE: CAT) and Toro (NYSE: TTC) were each down more than 6% as of 1 p.m. ET, while shares of Dee...The Motley Fool
Apr 3, 2025
Why Nvidia Stock Is Plummeting Today -- It's More Than Trump's Tariffs
Shares of Nvidia (NASDAQ: NVDA) are falling on Thursday. The company's stock was down 6.2% as of 1 p.m. ET and as much as 7.6% earlier in the day. The drop comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) are seeing one of their worst days in years.President Trump's n...The Motley Fool
Apr 3, 2025
US STOCKS-Wall Street plunges on fears Trump tariffs to trigger recession
Apple leads declines among Big TechRetail stocks slump on Asia tariff worriesWall Street fear gauge hits 3-week highIndexes down: Dow 2.9%, S&P 500 3.8%, Nasdaq 4.9%By David French April 3 (Reuters) - U.S. stocks sank on Thursday, with the bloodbath engulfing megacap technology names and ...Reuters
Apr 3, 2025
Equity long/short hedge funds down 1.7% amid sell-off
NEW YORK, April 3 (Reuters) - Global equity long/short hedge funds on Thursday were down 1.7% on the day amid a sell-off triggered by the Trump administration's new trade tariffs announced on April 2, Goldman Sachs said in a note.Those funds are now down 1.6% in the year, the bank added.Reuters
Apr 3, 2025
U.S. STOCKS ON THE MOVE-US drugmakers, Lamb Weston
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Heavyweight technology stocks led a broad selloff on Wall Street on Thursday after President Donald Trump's sweeping tariffs on major trade partners ignited fears of an all-out trade war...Reuters
Apr 3, 2025
US tariffs threaten growth shock, Goldman Sachs says
By Davide Barbuscia and Suzanne McGee NEW YORK, April 3 (Reuters) - Goldman Sachs GS.N warned sweeping U.S. tariffs will weigh on global growth and prompt the Federal Reserve to cut interest rates more aggressively than previously expected."We view this as kind of a growth shock... this is go...Reuters
Apr 3, 2025
Why Shares in Stanley Black & Decker Got Crushed Today
Shares in Stanley Black & Decker (NYSE: SWK) were down by about 12% at noon ET today. The move is in response to the recently announced tariff actions by the Trump administration. Three ways Stanley Black & Decker will be hitThe company took a major hit in costs the last time President Trump was in ...The Motley Fool
Apr 3, 2025
PRECIOUS-Gold eases after record high on knock-on effect of wider selloff
Trump unveils 10% base tariff on importsSpot gold hits record high of $3,167.57/ozSilver falls over 6% By Anmol Choubey April 3 (Reuters) - Gold prices trimmed losses on Thursday after falling over 2% from an all-time high, as a wider market selloff triggered by U.S. President Donald Trum...Reuters
Apr 3, 2025
Newsmax Stock Is Extremely Volatile Today. Does It Have Anything to Do With Trump's Tariffs?
Shares of conservative media outlet Newsmax (NYSE: NMAX) traded with extreme volatility today. Shares fell as much as 24% this morning before doing a complete 180. As of 1:50 p.m. ET, the stock traded about 23% higher.Are Trump's tariffs impacting the stock?Newsmax raised $75 million in a more limit...The Motley Fool
Apr 3, 2025
Toymakers fall after Trump's heavy tariffs on Asian countries
** Shares of toy manufacturers Hasbro HAS.O and Mattel MAT.O down after President Donald Trump imposes new reciprocal tariffs on manufacturing hubs in Asia, among other regions, given their exposure to Asian countries** Monopoly board game maker HAS down as much as 14.2% to more than a year's lo...Reuters
Apr 3, 2025
US investors caught off-guard by depth of tariffs are braced for more pain
Investors were prepared for market volatility, but not of such magnitude Tariffs impact corporate earnings, increase recession risk, say investment officersDiversified portfolios recommended amid uncertainty, potential retaliation from other countriesBy Suzanne McGee April 3 (Reuters) - Investors...Reuters
Apr 3, 2025
Trump tariff to drive market volatility, China A-share market better positioned
Investing.com -- Morgan Stanley expects higher market volatility following the U.S. decision to sharply raise tariffs on China. The brokerage sees China’s A-share market as a better option for hedgingInvesting.com
Apr 3, 2025
High just got higher: Trump tariffs to raise prices for US cannabis users
By Mrinalika Roy April 3 (Reuters) - Contemplating smoking your way out of the tariff gloom? Think again.Sweeping tariffs imposed by U.S. President Donald Trump on Wednesday are set to increase prices of cannabis products in the country, as many firms rely on Asia for manufacturing. The latest le...Reuters
Apr 3, 2025
Morgan Stanley upgrades Block to 'overweight', raises PT to $67
** Morgan Stanley upgrades payments firm Block XYZ.N to "overweight" from "equal weight" rating** Brokerage says XYZ has an attractive valuation opportunity and potential for better cost savings** Brokerage raises PT to $67 from $65, a ~15.7% upside on stock's last close** 36 of...Reuters
Apr 3, 2025
LIVE MARKETS-Despite stock tumble, markets see little recession risk
Main US indexes plunge; Nasdaq off most, down ~4.8%Energy down most among S&P sectors; staples sole gainerDollar, gold both off ~1%; bitcoin off >4%; crude down >7%US 10-Year Treasury yield slides to ~4.05% Welcome to the home for real-time coverage of markets brought to you by Reuters rep...Reuters
Apr 3, 2025
Goldman Sachs executive says investors look to diversify as US imposes tariffs
NEW YORK, April 3 (Reuters) - Large investors are looking for ways to diversify their allocations geographically, but are mostly sticking with their U.S. assets for now, said an executive at Goldman Sachs GS.N."Large allocators are reluctant so far ... but they are concerned," said Marc Nach...Reuters
Apr 3, 2025
Apple's Cook kissed Trump's ring, but tariffs wipe out nearly $300B in value
Investing.com -- In February, Apple (NASDAQ:AAPL) CEO Tim Cook was at the White House announcing a plan to invest a massive $500 billion in the U.S. over the next four years. Trump lauded the deal andInvesting.com
Apr 3, 2025
