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US STOCKS-US stock futures gain as big bank results roll in; China hits back with tariffs
Futures up: Dow 0.60%, S&P 500 0.71%, Nasdaq 0.73%JPMorgan, Wells Fargo gain after reporting higher quarterly profitBeijing increases tariffs on US imports to 125%By Shashwat Chauhan and Purvi Agarwal April 11 (Reuters) - U.S. stock index futures were higher on Friday following earnings from ...Reuters
Fri, Apr 11
Stocks
US Banks: JPMorgan, Wells Fargo rise on higher Q1 profit
JPMorgan & Chase ** Shares of the largest U.S. lender JPMorgan & Chase JPM.N rise 2.9% to $233.59 premarket** JPM's Q1 profit rises 9% to $14.6 bln on dealmaking, trading boost** Q1 investment banking fees up 12% to $2.2 bln; equity markets revenue surged 48% to a record $3.8 bln in Q1 ...Reuters
Fri, Apr 11
Other
Chinese premier slams U.S. reciprocal tariffs
BEIJING, April 11 (Reuters) - The world's economic and trade order has been seriously damaged by the reciprocal tariffs imposed by the United States, said Chinese Premier Li Qiang on Friday. The tariffs have dealt a huge blow to the global economy, Li told visiting Spanish Prime Minister Pedro S...Reuters
Fri, Apr 11
Commodities
China expands access for Spanish pork as trade tensions with US mount
By Ella Cao, Emma Pinedo and David Latona BEIJING/MADRID, April 11 (Reuters) - China has signed two agricultural trade protocols with Spain covering pork and cherries as the world's second largest economy acts to bolster ties with the European Union amid an escalating trade war between Beijin...Reuters
Fri, Apr 11
Other
ADVISORY-Alerts wrongly tagged to Apple Inc withdrawn
Two alerts on Bon Natural Life BON.O securing a commercial order for Apple Polyphenol were incorrectly tagged to Apple Inc AAPL.O, an unrelated entity, and have been withdrawn.For the correctly coded alert, click nFWN3QO1JGSTORY_NUMBER: nTUA1GXMW2STORY_DATE: 11/04/2025STORY_TIME: 1100 GMTReuters
Fri, Apr 11
Commodities
US energy secretary sees positive outlook for oil demand, supply under Trump
By Yousef SabaABU DHABI, April 11 (Reuters) - U.S. Energy Secretary Chris Wright said on Friday there will be a positive outlook for oil demand and supply in the next few years under President Donald Trump's policies, and the concern of markets about economic growth will be proven wrong.Wright w...Reuters
Fri, Apr 11
Other
William Penn Bancorp expected to post a loss of 5 cents a share - Earnings Preview
William Penn Bancorp WMPN.OQ WMPN.O is expected to show a rise in quarterly revenue when it reports results on April 15 (estimated) for the period ending March 31 2025The Bristol Pennsylvania-based company is expected to report a 2.8% increase in revenue to $4.87 million from $4.74 million a year ...Reuters
Fri, Apr 11
Stocks
Nike's and Lululemon's Tariff Tumble: Time to Buy or Sell?
We are in the fog of war of the stock market tariff tantrum. News -- sometimes contradicting itself -- seems to be coming every hour from the United States government, corporations, and foreign countries as they try to figure out how to respond to the Trump tariffs enacted last week. Some countries,...The Motley Fool
Fri, Apr 11
Stocks
If I Could Buy Only 1 Stock in This Nasdaq Bear Market, This Would Be It
The stock market has taken investors on a roller coaster ride. Sharp up and down movements in the market follow the constant announcements from the Trump administration about tariffs, with the S&P 500 up over 10% on Wednesday and down 3.5% on Thursday. The S&P 500 never officially entered a bear mar...The Motley Fool
Fri, Apr 11
Other
India, U.S. finalise terms of reference for first phase of trade deal, says India trade official
NEW DELHI, April 11 (Reuters) - India and the U.S. have finalised terms of reference for talks over the first segment of a bilateral trade deal, a trade official said on Friday, adding that there was a possibility of a "win-win shape and form" to the deal in the next 90 days. Trade engagemen...Reuters
Fri, Apr 11
Other
Bank First Corp expected to post earnings of $1.62 a share - Earnings Preview
Bank First Corp BFC.OQ BFC.O is expected to show a rise in quarterly revenue when it reports results on April 14 (estimated) for the period ending March 31 2025The Manitowoc Wisconsin-based company is expected to report a 10.7% increase in revenue to $41.8 million from $37.75 million a year ago, a...Reuters
Fri, Apr 11
Stocks
Wells Fargo shares rise after Q1 profit climbs
** Major U.S. lender Wells Fargo's WFC.N shares rise 2.1% to $64.43 premarket after Q1 profit rises, helped by strength in its wealth management business** Investment advisory fees and brokerage commissions rise 7% ** Co's net income rose 5.8% to $4.89 billion** Net interest income fell 6% i...Reuters
Fri, Apr 11
Other
Xcel Brands Inc expected to post a loss of 95 cents a share - Earnings Preview
Xcel Brands Inc XELB.OQ XELB.O is expected to show a fall in quarterly revenue when it reports results on April 14 (estimated) for the period ending December 31 2024The New York City-based company is expected to report a 16.7% decrease in revenue to $1.905 million from $2.29 million a year ago, ac...Reuters
Fri, Apr 11
Other
CNB Financial Corp expected to post earnings of 57 cents a share - Earnings Preview
CNB Financial Corp CCNE.OQ CCNE.O is expected to show a rise in quarterly revenue when it reports results on April 14 (estimated) for the period ending March 31 2025The Clearfield Pennsylvania-based company is expected to report a 9.5% increase in revenue to $49.514 million from $45.22 million a y...Reuters
Fri, Apr 11
