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US STOCKS-S&P 500 hits lowest close in almost a year as hopes wane for tariff concessions
Indexes fall: Dow 0.84%, S&P 500 1.57%, Nasdaq 2.15%S&P 500 markets biggest 4-day loss since its creationMajor health insurers rise after Medicare payment rate boostBig bank earnings set to begin later this weekBy Sinéad Carew and Shashwat Chauhan April 8 (Reuters) - The S&P 500 sold ...Reuters
Apr 8, 2025
Constellation defends Calpine deal after consumer groups object
By Laila Kearney NEW YORK, April 8 (Reuters) - Major U.S. power provider Constellation Energy CEG.O defended its planned acquisition of Calpine to regulators on Tuesday, after consumer groups protested that the deal would give the merged company too much market power, a regulatory filing showed.I...Reuters
Apr 8, 2025
GLOBAL MARKETS-Stocks, oil fall as US-China tariff war escalates
US major stock indexes end lower; US-China tariff war intensifiesEuro rises on unverified reports of German coalitionOil settles lower on US-China trade war concernsBy Caroline Valetkevitch NEW YORK, April 8 (Reuters) - Major stock indexes fell on Tuesday as the trade war between the United S...Reuters
Apr 8, 2025
Morgan Stanley upgrades MarketAxess to 'overweight' rating
** Morgan Stanley upgrades bond trading platform MarketAxess MKTX.O to "overweight" from "equal weight" rating** Brokerage says rising recession risks could increase corporate bond trading volumes as investors rotate their portfolio to manage risk** Morgan Stanley adds that market vo...Reuters
Apr 8, 2025
Cal-Maine Foods falls after third-quarter revenue miss
** Shares of egg producer Cal-Maine Foods CALM.O fall 4.24% to $86.50 in extended trade** Company reports Q3 revenue of $1.42 bln, lower than analysts' estimates of $1.43 bln, according to data compiled by LSEG** CALM to acquire Echo Lake Foods for about $258 mln** Company says it is cooperating...Reuters
Apr 8, 2025
Coal miners jump after Trump signs executive orders to boost industry
** Shares of coal producers jump in aftermarket trading after U.S. President Donald Trump signed executive orders aimed at boosting coal production** Trump's orders consist of efforts to save coal plants that were likely to be retired and include unlocking authorities in the Defense Production A...Reuters
Apr 8, 2025
Why XRP Is Falling Today
XRP (CRYPTO: XRP) is moving lower Tuesday. The cryptocurrency's token price was down 5.4% over the previous 24 hours as of 5 p.m. ET. Meanwhile, Bitcoin was down 2.6% over the last day, and Ethereum had fallen 6.1%.Cryptocurrencies and stocks sold off again today as investors continued to react to t...The Motley Fool
Apr 8, 2025
US STOCKS-S&P 500 hits lowest close in almost a year as hopes wane for tariff concessions
Indexes fall: Dow 0.84%, S&P 500 1.57%, Nasdaq 2.15%Major health insurers rise after Medicare payment rate boostBig bank earnings set to begin later this weekBy Sinéad Carew and Shashwat Chauhan April 8 (Reuters) - The S&P 500 sold off sharply on Tuesday to close below 5,000 points for th...Reuters
Apr 8, 2025
US Cash Crude-Mars sour rises after Keystone oil pipeline goes offline
April 8 (Reuters) - U.S. cash crude prices were mixed on Tuesday, dealers said, with the Mars Sour grade premium to U.S. crude futures doubling from a day earlier after a key pipeline shipping heavy, sour Canadian crude to feed U.S. refineries went offline. The Keystone oil pipeline from Canada to t...Reuters
Apr 8, 2025
Kura Sushi USA Inc reports results for the quarter ended February 28 - Earnings Summary
Kura Sushi USA Inc KRUS.OQ reported a quarterly adjusted loss of 14 cents per share for the quarter ended February 28, lower than the same quarter last year, when the company reported EPS of -9 cents. The mean expectation of ten analysts for the quarter was for a loss of 13 cents per share. Wall ...Reuters
Apr 8, 2025
Aehr Test Systems reports results for the quarter ended February 28 - Earnings Summary
Aehr Test Systems AEHR.OQ reported quarterly adjusted earnings of 7 cents per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of two analysts for the quarter was for earnings of 4 cents per share. Wal...Reuters
Apr 8, 2025
Cal-Maine Foods Inc reports results for the quarter ended February 28 - Earnings Summary
Cal-Maine Foods Inc CALM.OQ reported quarterly adjusted earnings of $10.38 per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of $2.37. The mean expectation of two analysts for the quarter was for earnings of $10.91 per share. Wall S...Reuters
Apr 8, 2025
Mama's Creations Inc reports results for the quarter ended January 31 - Earnings Summary
Mama's Creations Inc MAMA.OQ reported quarterly adjusted earnings of 4 cents per share for the quarter ended January 31, identical to the same quarter last year. The mean expectation of four analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range ...Reuters
Apr 8, 2025
TRADING DAY-All pain, no gain on Wall Street
By Jamie McGeever ORLANDO, Florida, April 8 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist U.S. stocks slide, yields spike as Trump holds China tariff line A strong relief rally across Asian and European stocks on Tuesda...Reuters
Apr 8, 2025
Morgan Stanley downgrades Nasdaq to 'equal weight' rating
** Morgan Stanley downgrades exchange operator Nasdaq NDAQ.O to "equal weight" from "overweight" rating** Brokerage sees risk to NDAQ's solution business growth outlook, which comprises more than 70% of the firm's revenue ** Morgan Stanley says the concern about growth in the...Reuters
Apr 8, 2025
Why Airline Stocks Fell Today
Wall Street is beginning to worry that the U.S. economy is headed toward a recession, and analysts are making calls on individual sectors based on those fears.Airlines historically have been vulnerable to downturns, and the sector lost altitude after a dire warning about what is to come. Shares of J...The Motley Fool
Apr 8, 2025
Why Micron Stock Sank Today
Micron (NASDAQ: MU) stock lost ground in Tuesday's extremely volatile trading session. The company's share price closed out the day down 5.2% despite having been up as much as 6.7% earlier in the day. Meanwhile, the S&P 500 and the Nasdaq Composite ended the session down 2.1% and 2.9%, respectively....The Motley Fool
Apr 8, 2025
CANADA STOCKS-TSX hits eight-month low on potential trade war escalation
By Fergal SmithApril 8 (Reuters) - Canada's main stock index gave back its earlier gains to hit a near eight-month low on Tuesday, as energy and consumer discretionary shares led broad-based declines ahead of an expected escalation of the trade war between the United States and China.Toronto Sto...Reuters
Apr 8, 2025
EMERGING MARKETS-Latin American stocks, FX drop as US tariffs on China to take effect
MSCI Latin American stocks index down 2.3%, currencies down 1.6% Offshore yuan drops to lowest against USD since trading began Ecopetrol falls as oil prices drop By Johann M Cherian and Lisa Pauline Mattackal April 8 (Reuters) - A brief recovery in most Latin American stocks and currencies revers...Reuters
Apr 8, 2025
Greece remains on FTSE Russell watch list for market status change
April 8 (Reuters) - FTSE Russell on Tuesday said Greece will remain on the equity watch list for possible reclassification from "advanced emerging" to "developed market", and will be evaluated against certain requirements based on data as of month-end June.In October, the index provi...Reuters
Apr 8, 2025
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