News
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Commodities
US drillers add oil and gas rigs for first time in four weeks, Baker Hughes says
By Scott DiSavino April 17 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes BKR.O said in its closely followed report on Thursday.The oil and gas rig count, an early indicator of future output, rose by two t...Reuters
Thu, Apr 17
Stocks
LIVE MARKETS-Cash in on payments companies during tariff turbulence
S&P 500 up ~0.7%, Nasdaq modestly green; Dow off ~0.8%Energy leads S&P sector gainers; Tech, Healthcare slipDollar, bitcoin rise; crude rallies ~3.5%; gold dipsUS 10-Year Treasury yield rises to ~4.33%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. ...Reuters
Thu, Apr 17
Other
US Treasury in talks with federal agencies to ease bank oversight, Bloomberg News says
April 17 (Reuters) - U.S. Treasury Secretary Scott Bessent is hosting private meetings with federal and other bank agencies as a part of his expanded effort to streamline oversight and coordinate plans to ease regulation, Bloomberg News reported on Thursday. The Treasury Department will take the lea...Reuters
Thu, Apr 17
Forex
ANALYSIS-Markets see door wide open for more ECB rate cuts on tariff hit
Bond yields fall after ECB rate cut, dovish commentsECB says trade tensions point to exceptional uncertaintyTraders ramp up ECB rate cut bets By Yoruk Bahceli and Dhara Ranasinghe LONDON, April 17 (Reuters) - Traders saw the all-clear on Thursday from the European Central Bank to bet on even stee...Reuters
Thu, Apr 17
Other
CareTrust REIT Declares Care REIT Plc Acquisition Financial Terms As Final
April 17 (Reuters) - CareTrust Reit CTRE.N CARETRUST REIT - CARETRUST AND BIDCO DECLARE ACQUISITION FINANCIAL TERMS FINAL CARETRUST REIT - CARETRUST AND BIDCO OFFER 108 PENCE PER CRT PLC SHARE CARETRUST REIT, INC. CARE REIT PLC - OFFER UPDATE AND NO INCREASE STATEMENTReuters
Thu, Apr 17
Cryptocurrencies
Gary Gensler Goes Full Bitcoin Maximalist In First Interview After SEC Exit
Gary Gensler has broken two months of public silence with a combustible appearance on CNBC’s Squawk Box, granting his first interview since stepping down as chair of the US Securities and Exchange Commission (SEC) on 20 January. In a 17‑minute exchange with Andrew Ross Sorkin, the former regulator a...Bitcoinist
Thu, Apr 17
Cryptocurrencies
Over $700 Million In XRP Moved In April, What Are Crypto Whales Up To?
XRP is making headlines this month as whale activity surges across the network. In a surprising twist, reports indicate that XRP whales have dumped more than $700 million worth of tokens just this April. This sudden shift in whale behavior raises the question of what these big players are really up ...NewsBTC
Thu, Apr 17
Commodities
GRAINS-Wheat up on US Plains dryness, soybeans fall on profit taking
Wheat rises on weather concernsSoybeans and corn drift as market awaits trade talksBy Heather Schlitz CHICAGO, April 17 (Reuters) - Chicago wheat futures rose on Thursday, supported by concerns that forecasted rain will not be enough to alleviate dryness in some U.S. wheat production regions, ana...Reuters
Thu, Apr 17
Other
MP Materials Ceases Shipments Of Rare Earth Concentrate To China In Response To China's Retaliatory Tariffs & Export Controls
April 17 (Reuters) - Mp Materials Corp MP.N:MP MATERIALS ACCELERATES STRATEGY TO REINDUSTRIALIZE THE RARE EARTH SUPPLY CHAINMP MATERIALS CORP: CEASED SHIPMENTS OF RARE EARTH CONCENTRATE TO CHINAMP MATERIALS CORP: CONTINUE TO PRODUCE AND ARE STOCKPILING CONCENTRATE WHILE ACCELERATING DOWNSTREAM OPERA...Reuters
Thu, Apr 17
Stocks
FTSE 100 posts biggest weekly gain in over 2 years
Man Group down as assets fall nearly $6 billionSainsbury's expects flat profit growth; shares riseFTSE 100, FTSE 250 steady on the day April 17 (Reuters) - Britain's benchmark FTSE 100 index .FTSE posted its biggest weekly gain since October 2022 on Thursday ahead of the Easter break, alt...Reuters
Thu, Apr 17
Other
Brazil's Petrobras cuts diesel prices to distributors
SAO PAULO, April 17 (Reuters) - Brazilian state-run oil company Petrobras PETR4.SA will reduce the price of diesel sold to distributors by an average 0.12 real ($0.0205) per liter starting on Friday, it said in a statement on Thursday.The reduction comes with crude prices falling in recent weeks aft...Reuters
Thu, Apr 17
Stocks
LIVE MARKETS-Individual investor bears notch a record streak - AAII
S&P 500 up ~0.6%, Nasdaq slightly green; Dow off ~0.8%Energy leads S&P sector gainers; Tech sole loserDollar edges up; bitcoin up 0.6%; crude rallies ~3.5%; gold dipsUS 10-Year Treasury yield rises to ~4.34%Welcome to the home for real-time coverage of markets brought to you by Reuters repor...Reuters
Thu, Apr 17
Stocks
Charles Schwab rises after first-quarter results beat
** Shares of brokerage Charles Schwab SCHW.K up 3% at $77.99 after Q1 results beat estimates ** Co posts Q1 adj. EPS of $1.04, beating estimates of $1.01, according to LSEG data** Q1 revenue of $5.60 bln also above est of $5.51 bln ** Upbeat performance in asset management and trading bus...Reuters
Thu, Apr 17
Stocks
Why Eli Lilly Stock Is Soaring Today, While Novo Nordisk and Viking Therapeutics Slide
It's Thursday morning, 11:50 a.m. ET -- and Eli Lilly (NYSE: LLY) stock is off to the races!This morning, the Indianapolis-based pharmaceutical giant announced that its new GLP-1 weight loss pill, orforglipron, has "demonstrated statistically significant efficacy results and a safety profile consist...The Motley Fool
Thu, Apr 17
Other
EU's green push costs chemical firms more than $20 billion annually, says trade body
By Tanay Dhumal April 17 (Reuters) - The European Union's increasingly stringent environmental regulations are saddling global chemical companies with more than $20 billion in annual costs, according to the trade association, European Chemical Industry Council (CEFIC). WHY IT'S IMPORTANT ...Reuters
Thu, Apr 17
Other
PREVIEW-US oilfield services firms brace for earnings as tariffs cloud outlook
By Vallari Srivastava April 17 (Reuters) - Results next week will likely provide a peek into how the world's top three oilfield services companies are navigating the uncertainty fueled by the on-again, off-again U.S. tariffs, as well as a recent slide in oil prices.President Donald Trump pro...Reuters
Thu, Apr 17
