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GE Healthcare falls after China begins anti-dumping probe into medical imaging equipment
** Shares of medical equipment maker GE Healthcare GEHC.O fall 13.5% to $62.25** China launches an anti-dumping probe into imports of certain medical X-ray tubes used in CT scans from the U.S.** China also announces export curbs on some medium and heavy rare-earth metals, including gadolinium, which...Reuters
Apr 4, 2025
Wall Street 'fear gauge' jumps to 8-month high as stocks sell off
By Saqib Iqbal Ahmed NEW YORK, April 4 (Reuters) - Wall Street's top 'fear gauge' jumped to a fresh eight-month high on Friday as U.S. stocks opened sharply lower after China imposed fresh tariffs on all U.S. goods in response to the Trump administration's sweeping levies.The Cboe...Reuters
Apr 4, 2025
US fintechs fall after China imposes additional tariffs
** Shares of U.S. fintech companies fall after China announced an additional 34% tariff on all U.S. goods from April 10** U.S. President Donald Trump said on Wednesday he would impose a 10% baseline tariff on all imports into the U.S. and higher duties on some of the country's biggest trading pa...Reuters
Apr 4, 2025
Baltic index drops to one-month low as rates across vessels decline
April 4 (Reuters) - The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, slipped to a one-month low on Friday on waning demand across vessel segments as trade war tensions rise.* The main index .BADI, which tracks rates for capesize, pan...Reuters
Apr 4, 2025
US drugmakers fall after Trump's new tariff warnings
** Shares of some U.S. drugmakers fall, amid a broader market sell-off, after President Donald Trump threatened steep tariffs on the sector** Pharma stocks briefly rose on Wednesday after Trump spared pharmaceutical products from reciprocal tariffs** Trump said tariffs on the sector are expected to ...Reuters
Apr 4, 2025
US regional banks fall as China retaliates to Trump's tariffs
** Shares of U.S. regional banks fell in morning trade amid a global stock rout prompted by China's retaliation to President Donald Trump's reciprocal tariffs ** Regional banks Fifth Third Bancorp FITB.O, M&T Bank MTB.N and Keycorp KEY.N fall 5.6%, 4.5% and 7.2% respectively ** Com...Reuters
Apr 4, 2025
ServiceNow falls after BMO trims PT on potential reduction in federal contracts
** Brokerage BMO Capital Markets cuts PT on digital workflow company ServiceNow NOW.N to $990 from $1,185, rating remains unchanged at "outperform" ** Shares of NOW fall 4.3% to $739.08** Brokerage flags uncertainties for co surrounding lesser contracts from the U.S. federal government as we...Reuters
Apr 4, 2025
Major US insurers slide after China retaliates with tariffs
** Shares of U.S. insurers fall after China's finance ministry said an additional 34% tariff will be imposed on all U.S. goods from April 10 in a response to U.S. President Donald Trump's sweeping tariffs ** MetLife MET.N down 6.7%, Prudential Financial PRU.N falls 5.4%, Travelers TRV...Reuters
Apr 4, 2025
Deere, Caterpillar down after China hits back at Trump tariffs
** Shares of industrial equipment makers fall after China to impose additional 34% tariffs on all U.S. goods** China also to impose export restrictions on some rare earths effective April 4** The ban on items related to rare earth elements is the latest demonstration of China's ability to weapon...Reuters
Apr 4, 2025
Chemical firms fall, China's additional tariffs fuel demand concerns
** Shares of chemical companies decline after China imposes 34% additional tariffs on imports from the U.S. ** China was the third-largest importer of U.S. exports (measured by value) in 2024, accounting for 7% of U.S. exports, says BIMCO Chief Shipping Analyst Niels Rasmussen** Chemicals made up 18...Reuters
Apr 4, 2025
LIVE MARKETS-Most pessimism since Financial Crisis bear was ending - AAII
Main US indexes decline, but off lows: S&P 500 now down ~3%All S&P 500 sectors red; Energy, off ~6%, weakest groupEuro STOXX 600 index down >4%Dollar up; bitcoin rises >1%; gold off >1%; crude slides >8%US 10-Year Treasury yield falls to ~3.96%Welcome to the home for real-time co...Reuters
Apr 4, 2025
BREAKINGVIEWS-Trump trade shock boosts the drab autarky trade
By Sebastian Pellejero NEW YORK, April 4 (Reuters Breakingviews) - Donald Trump’s tariffs are a chaotic attempt to reshape global trade. They’re also upending recent stock-market orthodoxy. The shock of far-higher-than-expected levies dragged the S&P 500 Index .SPX down 5% on Thursday — the w...Reuters
Apr 4, 2025
Why Kohl's Stock Was Diving This Week
As investors geared up to trade stocks Friday morning, it seemed as if Kohl's (NYSE: KSS) stock might continue to be shunned. After all, in the preceding days, its price had tumbled by nearly 22% week to date, according to data compiled by S&P Global Market Intelligence.That wasn't overly surprisin...The Motley Fool
Apr 4, 2025
Florida House bill to repeal non-fault auto insurance system clears subcommittee
By Michael LoneyApril 4 - (The Insurer) - A bill that would repeal Florida’s no-fault auto insurance system has been passed by the Florida House Insurance & Banking Subcommittee.HB 1181 was passed in the Florida House Insurance & Banking Subcommittee on Thursday and is now before the judicia...Reuters
Apr 4, 2025
Big Tech stocks fall after China retaliates with 34% additional import tariffs on US goods
** Shares of Big Tech stocks fall after China announced an additional 34% tariff on all U.S. goods as a countermeasure to sweeping tariffs imposed by U.S. President Donald Trump ** China's finance ministry says the additional levies will be effective from April 10 ** Trump said on We...Reuters
Apr 4, 2025
Crypto stocks fall as China's retaliatory tariffs drags bitcoin
** Crypto and blockchain-related stocks fall in early trading** Bitcoin BTC=, the world's biggest cryptocurrency, falls 0.8%, while Ether ETH= down 1.7%** China on Friday announced additional retaliatory tariffs on all U.S. goods** Tariffs have rattled confidence and deepened concerns over globa...Reuters
Apr 4, 2025
Retail bought stocks at largest level over the past decade, JPMorgan says
NEW YORK, April 4 (Reuters) - Retail investors bought $4.7 billion in stocks on Thursday, the highest level over the past decade, JPMorgan JPM.N said in a note on Friday.The "buy-the-dip" move was in stark contrast to the 2020 March sell-off, triggered by the COVID pandemic.Reuters
Apr 4, 2025
US asset managers fall after China's retaliatory tariffs extend market downturn
** Shares of U.S. asset managers fall in early trading after China's finance ministry said on Friday it will respond to President Donald Trump's tariffs with additional tariffs of 34% on all U.S. goods from April 10** Apollo APO.N down 8.4%, Blackstone BX.N and BlackRock BLK.N drop 6%, and C...Reuters
Apr 4, 2025
US card firms fall as China's tariffs deepen spending slowdown fears
** Shares of U.S. credit card firms fall in early trading as China imposes additional tariff on U.S. goods in escalating trade war ** Payment firms face the risk of weak credit card spending, as consumer confidence is expected to take a hit from economic uncertainties stoked by the trade war ...Reuters
Apr 4, 2025
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