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Forestry firms fall on higher duties against Canada
** Forestry products firms slip as U.S. is poised to double duties on softwood lumber** U.S. Dept of Commerce has made preliminary decision to more than double countervailing duties on imports of Canadian softwood lumber from 6.74% to 14.38%** Combined with dept's preliminary decision earlier th...Reuters
Apr 7, 2025
Why Shares of Newsmax Are Rising Today
Shares of conservative media outlet Newsmax (NYSE: NMAX) traded nearly 8% higher today as of 12:23 p.m. ET today. This morning, the company announced a standby equity purchase agreement (SEPA) of $1.2 billion with the global investment management firm Yorkville Advisors.Enthusiasm after the IPOWhere...The Motley Fool
Apr 7, 2025
British stocks swept up in global selloff as trade war worries intensify
PM Keir Starmer vows to cut trade barriers with key partnersShell lowers LNG production outlook due to Australian weatherFTSE 100 down 4.4%, FTSE 250 off 3.3% April 7 (Reuters) - British stocks plunged on Monday, extending their selloff from last week after U.S. President Donald Trump threate...Reuters
Apr 7, 2025
Apple Takes the Biggest Hit of the "Magnificent Seven" in Response to Trump Tariffs
The sudden and sharp stock market sell-off following the Trump administration's tariff announcements on April 2 is hitting the world's largest technology companies. Apple (NASDAQ: AAPL), Microsoft, Amazon, Alphabet (Google), Meta Platforms (Facebook), Nvidia, and Tesla -- a group known as the "Magni...The Motley Fool
Apr 7, 2025
Why Tesla Stock Sank 11.5% in March
Investors in Tesla (NASDAQ: TSLA) are a bundle of nerves now. The electric vehicle (EV) stock sank 11.5% in March after dropping 28% in the previous month, according to data provided by S&P Global Market Intelligence. And the bloodbath isn't over yet -- Tesla stock is down another 12.8% already so f...The Motley Fool
Apr 7, 2025
GLOBAL MARKETS-Stocks selloff goes on; Trump warns of more China tariffs if it doesn't back off
Futures price in extra 25bps Fed easing this yearStocks down but off lows of day By Caroline Valetkevitch NEW YORK, April 7 (Reuters) - Major stock indexes fell again in volatile trading on Monday as U.S. President Donald Trump said he will impose an additional 50% tariff on China if Beijing ...Reuters
Apr 7, 2025
3 Under-the-Radar AI Stocks With Market-Beating Potential
The Trump administration's "Liberation Day" tariffs on most of America's trading partners recently deflated many of the market's hottest artificial intelligence (AI) stocks. While the AI market should keep growing, higher tariffs could force many companies to rein in their spending on those expensiv...The Motley Fool
Apr 7, 2025
ADVISORY-Story withdrawn on Hassett's comments on tariff pause
April 7 (Reuters) - Reuters, drawing from a headline on CNBC, published a story on April 7 saying White House economic adviser Kevin Hassett had said that President Donald Trump was considering a 90-day tariff pause on all countries except China. The White House denied the report. Reuters has withdr...Reuters
Apr 7, 2025
European shares close at over 14-month low as trade war volatility grips markets
German index nears bear marketEuropean banks index confirms bear market Barclays cuts STOXX 600 forecastInvestors raise ECB and Fed rate cut betsBy Sukriti Gupta, Medha Singh and Lisa Pauline Mattackal April 7 (Reuters) - European shares slumped in a volatile session on Monday, with the STOXX 600...Reuters
Apr 7, 2025
U.S. STOCKS ON THE MOVE-Janover, AMC Entertainment, U.S. Steel
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock indexes resumed their slide in late morning trade on Monday as investors retreated for the third day after President Donald Trump unleashed a global trade war and a report that he...Reuters
Apr 7, 2025
The Market's Tariff Tumble: 2 Stocks to Buy During This Nasdaq Correction
The stock market is going through a major correction. As of market close on Friday, April 4, the Nasdaq 100 Index is actually down 21.6% from all-time highs, which means it has officially entered a bear market. The S&P 500 index has not passed the 20% threshold for a bear market, but it is still off...The Motley Fool
Apr 7, 2025
Opendoor: Does It Have a $2.2 Billion Problem or a $2.2 Billion Opportunity?
As a real estate company, Opendoor (NASDAQ: OPEN) approaches the market from a unique direction as the buyer and seller of thousands of homes each year. Even as other companies like Zillow have exited this business model, Opendoor still operates in 50 markets today, and it has thousands of homes in ...The Motley Fool
Apr 7, 2025
Global markets are in meltdown: here's how it looks in charts
LONDON, April 7 (Reuters) - A stock market rout, historic in scale, has swept across the globe wiping more than $10 trillion off major markets, as concerns about the economic damage unleashed by U.S. President Donald Trump's tariffs spiral.No corner of the world has been left unscathed by sellin...Reuters
Apr 7, 2025
LIVE MARKETS-Tariffs may dim U.S. software industry's AI boost
Main US indexes gyrate, now red; Dow off most, down ~1.9%Real Est weakest S&P 500 sector; Comm Svcs off leastEuro STOXX 600 index down ~4.5%Dollar rallies; bitcoin dips; gold down >1%; crude off >2%US 10-Year Treasury yield jumps to ~4.12%Welcome to the home for real-time coverage of marke...Reuters
Apr 7, 2025
Morgan Stanley downgrades large cap banks as recession odds rise
** Brokerage Morgan Stanley downgrades large cap banking sector to "in-line" from "attractive", citing tariffs-induced GDP slowdown and higher probability of recession** Cuts median loan growth forecast for 2025 to 2.2% from 2.7% and for 2026 to 3.2% from 3.5%** Brokerage calls tarif...Reuters
Apr 7, 2025
Viatris to pay up to $335 million to resolve opioid-related claims
April 7 (Reuters) - Viatris VTRS.O said on Monday it would pay up to $335 million over nine years as part of a nationwide settlement to resolve claims by U.S. state and local governments that it fueled an epidemic of opioid addiction.The Pennsylvania-based company, formed by the merger of Mylan and ...Reuters
Apr 7, 2025
EMERGING MARKETS-Latam stocks, currencies slide on global slowdown worries
MSCI Latam stocks index off 2.9%, FX slips 1.3%Mexico would like to avoid imposing reciprocal tariffs on U.S.Trump threatens additional tariffs on ChinaColombia seeking new international debt marketsPoland's bourse resumes after trading haltBy Johann M Cherian April 7 (Reuters) - Currencies a...Reuters
Apr 7, 2025
Trump's Tariffs Topple Tech Stocks. Here's What Amazon Investors Should Know
President Donald Trump announced a new batch of tariffs on April 2, and let's just say investors haven't been jumping with joy since then.The S&P 500 dropped over 10% in the two days following the announcement, the Dow Jones is in a correction, and the Nasdaq Composite is officially in a bear market...The Motley Fool
Apr 7, 2025
Hedge funds capitulate, investors brace for margin calls in market rout
Some hedge funds offload all stocks as selloff widensPrime brokers say leverage falling, more selling comingSales triggered by margin calls rise in South KoreaBy Summer Zhen, Samuel Shen and Carolina Mandl HONG KONG/SHANGHAI/NEW YORK, April 7 (Reuters) - Some hedge funds say they are offloading a...Reuters
Apr 7, 2025
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