News
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Commodities
Mexico will send more water to Texas to make up treaty shortfall, USDA says
WASHINGTON, April 28 (Reuters) - U.S. Agriculture Secretary Brooke Rollins said on Monday that Mexico would increase its water shipments to Texas to help make up a shortfall under a 1844 treaty that outlines water-sharing between the countries.Reuters
Mon, Apr 28
Other
TREASURIES-US yields slip further ahead of heavy data slate
NEW YORK, April 28 (Reuters) - U.S. Treasury yields eased to near three-week lows on Monday, marking the half-way unwind from this month's bond rout as a dearth of new tariff news allowed investors to zero in on impending economic data, crowned by Friday's payrolls report.Trading was more m...Reuters
Mon, Apr 28
Stocks
Why Plug Power Stock Is Skyrocketing Today
Plug Power (NASDAQ: PLUG) stock is soaring in Monday's trading after the company published preliminary first-quarter results and announced a new funding move. The hydrogen fuel cell specialist's share price was up 28.8% as of 2:45 p.m. ET and had been up as much as 46.9% earlier in the session.Plug ...The Motley Fool
Mon, Apr 28
Indices
Dow Jones rebounds above 40,000 as traders brace for mega-cap earnings
The Dow Jones Industrial Average (DJIA) erased earlier losses and rose, posting gains of over 0.13%. Market participants were awaiting earnings reports of four of the seven mega-cap companies, which lowered most US equity indices, including the DJIA.Fxstreet
Mon, Apr 28
Other
Pirelli asserts independence from China's Sinochem as it seeks US expansion
Company says Rome's 'golden powers' mean Sinochem not in controlResolution opposed by five directors, including chairmanSinochem's stake seen as a hurdle for Pirelli's U.S. ambitionsSinochem says it's firmly opposed to the board's decisionBy Giulio Piovaccari MILAN, Ap...Reuters
Mon, Apr 28
Commodities
Ukraine's Zelenskiy: Minerals deal with US has become 'stronger, more equitable'
April 28 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Monday that an agreement with the United States on developing Ukraine's minerals had become "stronger, more equitable" after negotiations between the two sides."Today, our government officials also reported -- repre...Reuters
Mon, Apr 28
Other
After yield surge, US Treasury expected to keep auction sizes steady
Treasury expects to borrow $514 in second quarterInvestors focus on potential changes to auction sizesVolatility may prompt small cuts to longer-dated auctionsBy Karen Brettell NEW YORK, April 28 (Reuters) - The U.S. Treasury Department is expected to leave most of its auction sizes unchanged for...Reuters
Mon, Apr 28
Cryptocurrencies
Ethereum Shows 4H Bearish Divergence – Can Bulls Hold $1,750?
Ethereum is now facing a critical test as it trades within a tight range, sitting below the $1,850 resistance and above the $1,750 support. After a strong recovery from the $1,400 level earlier this month, bulls have managed to stabilize price action, but the real challenge is now unfolding. To conf...NewsBTC
Mon, Apr 28
Cryptocurrencies
Josh Hawley resurrects ‘Pelosi Act’ to ban elected officials from trading markets
Senator Josh Hawley has stated his intention to bring back the “Pelosi Act” to ban active members of Congress and their spouses from trading stocks, as he believes it raises a conflict of interest. Senator Josh Hawley reintroduced the legislation, which he claims will curb potential conflicts of interest among elected officials. Josh Hawley pushes […]Cryptopolitan
Mon, Apr 28
Other
US House panel proposes moving FTC antitrust work to DOJ in budget package
April 28 (Reuters) - The U.S. House of Representatives Judiciary Committee on Monday said it proposed transferring the Federal Trade Commission's antitrust work to the Department of Justice as part of a budget reconciliation package.The proposal would allocate funds for moving staff and cases fr...Reuters
Mon, Apr 28
Commodities
CBOT soybeans finish higher with soyoil
CHICAGO, April 28 (Reuters) - Chicago Board of Trade soybean futures finished higher in nearby contracts on Monday while soyoil futures also rose.CBOT soybeans recovered after weakening earlier in the session under pressure from concerns about U.S. President Donald Trump's trade war with China, ...Reuters
Mon, Apr 28
Stocks
GLOBAL MARKETS-Wall St turns lower, gold rebounds amid trade fog; earnings, data loom
Scant clarity as yet on US trade talks Mega-cap earnings, US jobs and GDP data on tapGlobal recession risk high due to Trump's tariffs, economists sayCanadians vote in election dominated by concerns about TrumpBy Stephen Culp NEW YORK, April 28 (Reuters) - U.S. stocks turned lower on Mond...Reuters
Mon, Apr 28
Other
US State Dept approves potential sale of Patriot Air Defense System to Romania
WASHINGTON, April 28 (Reuters) - The U.S. State Department has approved the potential sale of a Patriot Air Defense System and related equipment to Romania for $280 million, the Pentagon said in a statement on Monday.The principal contractors will be RTX Corp RTX.N and Lockheed Martin LMT.N, the Pen...Reuters
Mon, Apr 28
Other
TREASURIES-US yields little changed ahead of heavy data slate
NEW YORK, April 28 (Reuters) - U.S. Treasury yields eased to near three-week lows on Monday, marking the half-way unwind from this month's bond rout as a dearth of new tariff news allowed investors to zero in on impending economic data, crowned by Friday's payrolls report.Trading was more m...Reuters
Mon, Apr 28
Commodities
Brent crude oil prices drop on demand fears
Brent and WTI crude both fall more than 1%Uncertainty over whether U.S. and China are in trade talksIran 'extremely cautious' on success of nuclear talks with U.S. By Erwin Seba HOUSTON, April 28 (Reuters) - Brent crude oil prices fell more than $1 a barrel on Monday morning as econom...Reuters
Mon, Apr 28
Stocks
Stock Market Sell-Off: 3 "Magnificent Seven" Stocks Down 20% or More to Buy Right Now
Even though the stock market has rebounded since "Liberation Day" three weeks ago, it has not been a fun year for technology investors. Plenty of "Magnificent Seven" stocks are still down over 20% from all-time highs, including Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), and Meta...The Motley Fool
Mon, Apr 28
Other
U.S. lawyer for Venezuelans held in El Salvador says government denied her access to clients
SAN SALVADOR, April 28 (Reuters) - A lawyer for ten Venezuelan men sent by the U.S. government to a prison in El Salvador says the Salvadoran government denied her access to meet with her clients.Kerry Kennedy, a human rights activist who is the daughter of assassinated U.S. politician Robert F. Ken...Reuters
Mon, Apr 28
Stocks
WallStreet starts SmartStop Self Storage with bullish ratings on post IPO strength
Investing.com -- Analysts launched coverage on SmartStop Self Storage REIT with bullish ratings after its recent IPO driven by company’s improved balance sheet, growth prospects, and unique positioninInvesting.com
Mon, Apr 28
Stocks
Progressive gains after Bank of America reinstates "buy" rating
** Progressive Corp's PGR.N shares rise 1.1% to $267.97 after Bank of America analysts upgraded the property and casualty insurer to "buy" from "neutral"** Earlier this month, BofA downgraded PGR to "neutral" from "buy" and cut its PT to $287 from $300** But BofA ...Reuters
Mon, Apr 28
