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Commodities
US Plains HRW Wheat-Basis bids mostly steady as futures dive
CHICAGO, April 21 (Reuters) - Spot basis bids for hard red winter (HRW) wheat were mostly unchanged across the southern U.S. Plains on Monday as sinking futures prices limited farmer selling interest, dealers said.* Recent dry weather has raised concerns about harvest potential in parts of the Plain...Reuters
Mon, Apr 21
Commodities
US natgas prices drop 7% to 5-month low on record output, lower demand forecasts
U.S. LNG export feedgas on track to hit record high in AprilU.S. gas output on track to hit record high in AprilU.S. gas storage about 7% below five-year averageBy Scott DiSavinoApril 21 (Reuters) - U.S. natural gas futures dropped about 7% to a five-month low on Monday on record output and forecast...Reuters
Mon, Apr 21
Commodities
US Supreme Court rebuffs CSX bid to revive antitrust suit against Norfolk Southern
Lower court found CSX missed the statute of limitationsShips use Norfolk terminal to offload cargo onto trainsBy Mike ScarcellaWASHINGTON, April 21 (Reuters) - The U.S. Supreme Court declined on Monday to hear freight rail giant CSX's bid to revive its antitrust lawsuit accusing rival Norfolk So...Reuters
Mon, Apr 21
Stocks
Why American Airlines Stock Is Falling Today
Wall Street is increasingly worried about the direction of the economy, and as a result investors are selling off companies that could be most exposed to a downturn.Shares of American Airlines Group (NASDAQ: AAL), arguably one of the most vulnerable of the airlines, traded down 5% as of 1:30 p.m. ET...The Motley Fool
Mon, Apr 21
Cryptocurrencies
Crypto Today: Bitcoin taps 45-day peak as US Dollar jittery sparks demand for altcoins and Gold
The cryptocurrency market capitalization rises 0.9% on Monday, breaking after stagnating at $2.7 trillion last week. Global news insights suggest that crypto has benefited from capital displaced as investor confidence in USD-denominated assets wobbles.
Stocks
GLOBAL MARKETS-US stocks fall 3%, dollar slides; Trump's attacks on Fed chair worry investors
US stocks down 3% in afternoon amid Trump attacks on PowellUS dollar index falls to 3-year low Safe-haven gold and Swiss franc surgeEuropean markets closed for Easter MondayBy Caroline Valetkevitch NEW YORK, April 21 (Reuters) - Major U.S. stock indexes were down more than 3% each and the dollar ...Reuters
Mon, Apr 21
Commodities
GRAINS-Chicago soybeans pressured as Trump attacks Federal Reserve chair
Soybeans, wheat fall alongside stock market, other commoditiesMidwest weather delays planting in some areasCorn supported by demandBy Renee Hickman CHICAGO, April 21 (Reuters) - Chicago soybeans fell on Monday after an overnight rally with the mood in outside markets souring as U.S. President Don...Reuters
Mon, Apr 21
Stocks
U.S. STOCKS ON THE MOVE-Oil stocks, Uber, CoreWeave
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stocks suffered steep losses on Monday as U.S. President Donald Trump ramped up his attacks on Federal Reserve Chair Jerome Powell, prompting investors to worry about the central bank&#...Reuters
Mon, Apr 21
Stocks
US STOCKS-Wall St tumbles as Trump ramps up tirade against Fed's Powell
Indexes down: Dow 3.19%, S&P 500 3.27%, Nasdaq 3.48%Dow slides over 1,000 points Netflix gains after upbeat revenue forecastTesla slips after report of delay in Model Y launch FIS jumps after brokerage upgrade By Stephen Culp NEW YORK, April 21 (Reuters) - U.S. stocks suffered steep losses on...Reuters
Mon, Apr 21
Stocks
Nvidia Has Now Lost More Than $1.3 Trillion in Market Cap. Is It Finally Time to Buy the Stock?
If investors had to choose just one company that exemplifies both the opportunities and risks associated with recent advances in artificial intelligence (AI), Nvidia (NASDAQ: NVDA) would be a logical choice. The company's graphics processing units (GPUs) have been the linchpin that powered the AI re...The Motley Fool
Mon, Apr 21
Other
QUOTES-Reactions to the death of Pope Francis
VATICAN CITY, April 21 (Reuters) - Pope Francis, the first Latin American leader of the Roman Catholic Church, died on Monday. He was 88, and had suffered a serious bout of double pneumonia. Following are reactions to his death: U.S. PRESIDENT DONALD TRUMP"He was a good man, worked hard...Reuters
Mon, Apr 21
Cryptocurrencies
Stocks and bonds set to crash if and when Trump makes a move against Fed’s Jerome Powell
Trump has made it clear that he is considering firing Jerome Powell. However, one of the vice chairs of Evercore ISI, Krishna Guha, has warned that stocks and bonds would likely drop sharply if President Trump tried to fire the Fed’s Chair. It almost seems like the markets are on Powell’s side. Soon after Trump […]Cryptopolitan
Mon, Apr 21
Other
What to Watch in the Day Ahead - Tuesday, April 22
Tesla is expected to report a drop in profit margin and earnings in the first quarter after deliveries tumbled and the automaker missed estimates in the January-March period. Investors are awaiting further details on the more affordable model that some expect could drive sales this year. However, Wa...Reuters
Mon, Apr 21
Cryptocurrencies
Ethereum Price Eyes $2,700 As Wyckoff Accumulation Nears Completion
Crypto analyst Incognito has predicted that the Ethereum price could soon rally to as high as $2,700. This bullish prediction comes despite ETH’s underperformance so far, with the altcoin’s market share already dropping to new lows. Ethereum Price Could Rally To $2,700 As Wyckoff Accumulation Nears ...NewsBTC
Mon, Apr 21
Cryptocurrencies
Cardano (ADA) Targets Top 5 as Upcoming Challenger Eyes Turning $1200 Into $128,500
Cardano (ADA), currently trading at around $0.62, has long been a favorite among crypto investors, with hopes of reaching the top 5 cryptocurrencies in the near future. As the project targets new highs with potential projections of $5 in 2025, there’s a new challenger on the block, Mutuum Finance (MUTM). The altcoin MUTM presale is […]Cryptopolitan
Mon, Apr 21
Stocks
Why Credit Card Stocks Are So Volatile Today
Capital One Financial's (NYSE: COF) planned acquisition of Discover Financial Services (NYSE: DFS) has received regulatory approval, and investors are breathing a sigh of relief.Shares of Discover opened up 7% and Capital One up 5%, before retreating with the broader market to up 2% and 1% as of 11:...The Motley Fool
Mon, Apr 21
Stocks
Morgan Stanley cuts Warner Music Group rating on 'more balanced risk/reward'
Investing.com -- Morgan Stanley downgraded Warner Music Group (NASDAQ:WMG) shares to Equal-weight from Overweight and cut its price target to $32 from $37 in a note to clients on Monday. The bankInvesting.com
Mon, Apr 21
Other
U.S. RESEARCH ROUNDUP-Lowe's, Netflix, Vulcan Materials
April 21 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Lowe's Companies, Netflix and Vulcan Materials, on Monday. HIGHLIGHTS * Alnylam Pharmaceuticals Inc ALNY.O: Jefferies raises target price to $329 ...Reuters
Mon, Apr 21
Other
CORRECTED-Chevron announces first oil at Ballymore project in US Gulf
Ballymore project to produce up to 75,000 bopdChevron aims for 300,000 boepd in Gulf by 2026Ballymore is Chevron's first project in Norphlet formationBy Sheila Dang HOUSTON, April 21 (Reuters) - Chevron CVX.N has started oil and gas production from a project in the U.S. Gulf of Mexico, the oi...Reuters
Mon, Apr 21
Stocks
Why Plug Power, Oklo, Constellation Energy, and Nano Nuclear Energy Stocks Slumped Today
Nuclear power stocks opened the post-holiday week broadly lower on Monday, with shares of Oklo (NYSE: OKLO) falling 6.3% through 10:45 a.m. ET, Constellation Energy (NASDAQ: CEG) down 6.5%, and Nano Nuclear Energy (NASDAQ: NNE) faring worst of all -- down 10.8%. Hydrogen power stocks are also suffer...The Motley Fool
Mon, Apr 21
