Search
News
Important Only
EMERGING MARKETS-Latam FX at 10-month high as US tariffs on region less than feared
MSCI Latam stocks index up 2.3%, FX 2%Brokerages lower rating on EM stocks, FX Brazil's Congress lays framework for trade retaliationMexico continues dialogue with US, Sheinbaum saysSri Lanka's sovereign bonds slide furtherBy Johann M Cherian April 3 (Reuters) - Mexico's peso led gain...Reuters
Apr 3, 2025
Copper miners fall as Trump's latest tariffs fan recession fears
** Copper miners extend premarket losses as price of the key metal slips on fears U.S. President Donald Trump's aggressive tariffs on key trading partners could fuel a global recession** Benchmark three-month copper CMCU3 on the London Metal Exchange down 2.7% to $9,441.5 per metric ton** Copper...Reuters
Apr 3, 2025
US footwear makers slip following Trump's new tariffs on Asian countries
** Shares of U.S. footwear makers fall after President Donald Trump imposes new tariffs on Asia production hubs, including Vietnam, Indonesia and China** These countries, including Bangladesh, are key sourcing markets for sportswear companies such as Nike NKE.N and Roger Federer-backed On Holding ON...Reuters
Apr 3, 2025
Regional banks down as Trump's tariffs trigger recession fears
** Shares of U.S. regional banks down after President Trump slapped reciprocal tariffs on major geographies, sparking recession fears among investors** Some regional banks like Fifth Third Bancorp FITB.O, M&T Bank MTB.N, Keycorp KEY.N and Comerica CMA.N fell, with Western Alliance WAL.N leading ...Reuters
Apr 3, 2025
CANADA STOCKS-TSX slumps to near three-week low as Trump's tariffs stir recession fears
By Sanchayaita Roy April 3 (Reuters) - Canada's main index tumbled on Thursday in broad-based declines as U.S. President Donald Trump's reciprocal tariffs escalated the global trade war and sparked worries of a recession.Toronto Stock Exchange's S&P/TSX composite index .GSPTSE wa...Reuters
Apr 3, 2025
GLOBAL MARKETS-Stocks, US dollar sink as Trump tariffs fuel economic worries
S&P 500 down more than 4% in early tradingDollar down against euro, yen Safe-haven bonds rallyBy Caroline Valetkevitch and Marc Jones NEW YORK/LONDON, April 3 (Reuters) - Stock indexes tumbled, with the S&P 500 down more than 4% in morning New York trading on Thursday, and the U.S. do...Reuters
Apr 3, 2025
US bank stocks sink as Trump's tariffs cloud dealmaking, loan demand
April 3 (Reuters) - Shares of U.S. banks tumbled to multi-month lows on Thursday, after President Donald Trump's sweeping tariffs plan sparked fears of weaker capital markets and a slowdown in consumer spending.Citigroup C.N fell 11%, while Bank of America BAC.N, Morgan Stanley MS.N, Goldman Sac...Reuters
Apr 3, 2025
Warren Buffett's Stance on Import Tariffs Raises Flags. But Don't Ignore His Words on Investing During Times of Market Turmoil.
Investors often look to Warren Buffett during times of trouble because the billionaire has been through just about every market environment imaginable. And during the ups and downs, he's persisted, standing by his pledge to buy shares of quality companies for reasonable prices and hold on for the lo...The Motley Fool
Apr 3, 2025
Lamb Weston beats quarterly estimates on cost cuts, shares jump
April 3 (Reuters) - Lamb Weston LW.N beat third-quarter revenue and profit estimates on Thursday, as the frozen potato products maker benefited from its cost cuts and regained sales it had lost last year during its transition to a new database.Its shares rose about 8% in early trading. The company s...Reuters
Apr 3, 2025
Major US insurers slide as latest tariffs fuel uncertainty
** Shares of U.S. insurers slump as President Donald Trump's reciprocal tariffs on major trading partners amplify recession fears** "Our outlook for the global P&C reinsurance industry is revised to "stable" from "positive" due to increased global geopolitical uncertainty...Reuters
Apr 3, 2025
2 Tech Stocks With More Potential Than Any Cryptocurrency
The cryptocurrency market temporarily got a boost following President Donald Trump's electoral win, as some investors hoped his lighter approach to crypto regulation and outright promotion of certain coins would lift many digital tokens higher.But the threat of tariffs, fears of a potential recessio...The Motley Fool
Apr 3, 2025
Dental and medical supply firms fall after Trump's reciprocal tariff announcement
** Shares of dental and medical supply firms fall after President Trump imposes reciprocal tariffs ** President Donald Trump imposed an additional 34% tariff on China and 20% tariff on EU; Japan with 24%, South Korea with 25% and Taiwan with 32%** Brokerage Leerink Partners says dental manufacturer...Reuters
Apr 3, 2025
Why Is Everyone Talking About Micron Technology Stock?
Micron Technology (NASDAQ: MU) outperformed expectations in the latest quarter, but the stock price has not reflected the improvement.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the af...The Motley Fool
Apr 3, 2025
Evercore analysts say regulated utilities safer bet amid tariff turmoil
** Analysts at brokerage Evercore say U.S. utilities to be most affected by tariffs over the near-term are likely to be those with more reliance on international supply chains and international sales exposure** Which would mean those power producers with unregulated renewable exposure like AES AES.N...Reuters
Apr 3, 2025
Tesla's March sales dive in Germany, edge down in UK
April 3 (Reuters) - Tesla TSLA.O sales in Germany dropped in March compared with the same time last year and were marginally lower in the UK, despite a spike in overall EV sales in both markets, data showed on Thursday.Elon Musk's all-electric brand sold 2,229 cars in Germany and 7,220 in Britai...Reuters
Apr 3, 2025
Lamb Weston rallies after qtrly beat
** Shares of frozen potato products firm Lamb Weston LW.N up 7.1% at $58 and among top S&P 500 .SPX performers early Thurs after qtrly results please Wall Street** LW on track for biggest one-day pct gain since Oct 18. Stock hit session high of $60.92, highest since Jan 31** Eagle, Idaho-based f...Reuters
Apr 3, 2025
Jefferies expects challenges for U.S. offshore wind sector in 2025
** Analysts at Jefferies say the outlook for U.S. offshore wind sector is weaker in 2025 under President Donald Trump despite a significant increase in projected electric demand in the past year** The sector will be weighed down by factors such as legal risks, tariffs and supply chain concerns - Jef...Reuters
Apr 3, 2025
US Senate panel advances Trump pick Paul Atkins as SEC chairman
April 3 (Reuters) - The U.S. Senate Banking Committee voted on Thursday to advance President Donald Trump's nominee to run Wall Street's top regulator as well as his picks for banking oversight and transportation roles.In a party-line vote, the committee voted 13-11 to approve Paul Atkins as...Reuters
Apr 3, 2025
