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Nike, Footlocker jump after Trump hits 90-day pause on tariffs, excluding China
** Shares of U.S. footwear retailers rise in afternoon trade** President Donald Trump authorizes 90-day pause on reciprocal tariffs, but raises tariffs on China to 125%, effective immediately** Tariffs on Asian countries were expected to hit margins for footwear companies, which moved production fro...Reuters
Wed, Apr 9
Other
BREAKINGVIEWS-Walmart’s happy face is hard to reflect back
By Jennifer Saba NEW YORK, April 9 (Reuters Breakingviews) - Walmart WMT.N CEO Doug McMillon is smiling, improbably, like the company’s yellow happy-face symbol. The $700 billion retailer clung to its annual financial forecasts despite rising U.S. tariffs and recession risks. The sheer number of...Reuters
Wed, Apr 9
Commodities
Zelenskiy says this week's talks on minerals deal with US to focus on technical aspects
KYIV, April 9 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Wednesday that this week's meeting in the United States to discuss the minerals deal would focus on technical aspects and foundations of future agreement. Zelenskiy told reporters that the minerals deal with the U.S. sho...Reuters
Wed, Apr 9
Other
CANADA RESEARCH ROUNDUP-First Quantum Minerals, Lundin Mining, Sandstorm Gold
April 9 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including First Quantum Minerals, Lundin Mining and Sandstorm Gold on Wednesday.HIGHLIGHTS * Canadian Natural ResourcesCNQ.TO: Raymond James ups to outperform from market perform* First Q...Reuters
Wed, Apr 9
Other
Olympics-IOC boosts women's soccer teams to 16 for LA 2028 Games, men's teams down to 12
LAUSANNE, Switzerland, April 9 (Reuters) - The Los Angeles 2028 Olympics will feature an increase in women's soccer teams from 12 to 16, while the men's competition will be downsized from 16 to a dozen teams, the International Olympic Committee said on Wednesday.The decision was part of a nu...Reuters
Wed, Apr 9
Other
Joseph Rallo's EF Hutton returns to Wall Street
April 9 (Reuters) - EF Hutton said on Wednesday it is making a comeback to Wall Street, reviving one of the most prominent brands in the brokerage industry.It will be led by CEO Joseph Rallo, who, along with former business partner David Boral, had previously resurrected the brand in 2021.Rallo and ...Reuters
Wed, Apr 9
Other
Trump raises tariffs on China to 125%, introduces 90-day pause for others
Investing.com -- U.S. President Donald Trump has announced a significant increase in tariffs on Chinese goods, raising the rate to 125% with immediate effect. The announcement was made via a post on TInvesting.com
Wed, Apr 9
Other
Golf-Augusta National not planning Masters exemption category for LIV Golf
By Frank Pingue AUGUSTA, Georgia, April 9 (Reuters) - Players who compete on the Saudi-backed LIV Golf circuit should not expect to see a special exemption that would give them a direct pathway into the Masters anytime soon, Augusta National Golf Club Chairman Fred Ridley said on Wednesday.The U...Reuters
Wed, Apr 9
Stocks
Stocks rally on Trump tariff pause after market rout
NEW YORK, April 9 (Reuters) - Wall Street surged after U.S. President Donald Trump announced a 90-day pause in tariffs he announced last week. The policy changes also include a lowered overall tariff of 10% during that 90-day period, and increase on tariffs on Chinese imports to 125%, from the 104% ...Reuters
Wed, Apr 9
Cryptocurrencies
Trump front-ran his own tariff pause news with “buy now” post—stocks add $4 trillion
President Donald Trump posted, “THIS IS A GREAT TIME TO BUY!!! DJT” on Truth Social four hours ago. At the time, no one outside his team knew what was coming. Then, minutes ago, he dropped a second post announcing that the United States would immediately raise its tariff on China to 125%. The post also […]Cryptopolitan
Wed, Apr 9
Cryptocurrencies
Why Isn’t XRP Skyrocketing? Expert Explains The Hidden Forces
XRP prices dipped below $2 for the first time since December 2024 on Monday, even after a number of positive developments for the cryptocurrency. The decline is surprising to many investors who had hoped recent good news would send its value higher. Market analyst Vincent Van Code attributes this un...NewsBTC
Wed, Apr 9
Other
Fed minutes show some debate over balance sheet runoff slowdown
By Michael S. Derby April 9 (Reuters) - The Federal Reserve’s decision to dramatically slow the pace of its balance sheet drawdown last month was supported by nearly all participants at the two-day meeting, but several participants did not see a compelling case for such a move, according to m...Reuters
Wed, Apr 9
Cryptocurrencies
XRP Market Value Shake-Up: Total Realized Cap Dives Down Amid Choppy Price Action
With the significant bearish pressure that has struck XRP, its market dynamics have shifted toward a negative outlook, causing several key metrics to plummet. One of the crucial metrics that has recently declined from higher levels is the Total Realized Capitalization by Age. Overall XRP Realized Ca...Bitcoinist
Wed, Apr 9
Forex
FOREX-US dollar rebounds against safe-haven currencies after Trump pauses tariffs
By Chibuike Oguh and Stefano Rebaudo NEW YORK, April 9 (Reuters) - The U.S. dollar rebounded against safe-haven currencies including the yen and Swiss franc after President Donald Trump announced a 90-day pause on many new tariffs on trading partners but hiked duties on Chinese goods, escalating ...Reuters
Wed, Apr 9
Stocks
Nvidia rises as Trump pauses tariffs and reverses export controls
** Shares of AI chip firm Nvidia NVDA.O rise 13.1% to $109.02 after U.S. President Donald Trump authorized a 90-day pause on tariffs, effective immediately** NPR also reported on Wednesday the Trump administration has reversed course on plans to restrict exports of NVDA's H20 artificial intellig...Reuters
Wed, Apr 9
Other
Trump White House to appeal ruling lifting AP restrictions over Gulf of Mexico
By Andrew Goudsward WASHINGTON, April 9 (Reuters) - President Donald Trump's White House intends to challenge a judge's ruling lifting the restrictions it imposed on the Associated Press over the news agency's reference to the Gulf of Mexico in its coverage, the administration told th...Reuters
Wed, Apr 9
Stocks
ANALYSIS-How Trump's policy risk is showing in Treasury bonds
US Treasuries' term premium, a measure of risk, remained positive amid bond rally after inaugurationDuring recent market sell off, term premium has risen further still Some investors voicing concern about Trump's impact on U.S. creditworthinessPositive term premium could be a sign bond vigil...Reuters
Wed, Apr 9
Stocks
US farm equipment makers rise after Trump's 90-day pause on tariffs
** Shares of U.S.-based farm equipment makers rise after U.S. President Donald Trump authorizes a 90-day pause as part of his tariff plan** Caterpillar CAT.N rises 5.6%, Deere DE.N up 7.3%, CNH Industrial CNH.N up 6.4% and AGCO AGCO.N up 7.1%** Trump, however, says he is raising the tariff rate for ...Reuters
Wed, Apr 9
Stocks
US energy firms rise after Trump announces 90-day pause on tariffs
** S&P 500 energy index .SPNY rises 4.4% as oil prices edge higher** Brent crude futures LCOc1 up 0.7% at $63.28 a barrel; U.S. West Texas Intermediate (WTI) crude CLc1 rises 0.5% to $59.86 a barrel** U.S. President Donald Trump said on Wednesday he authorized a 90-day pause as part of his tarif...Reuters
Wed, Apr 9
Other
Trump asks US Supreme Court to let him remove Democratic members from labor boards for now
Cases are key test of Trump's power over independent agenciesFiring Democrats would bring agencies' work to a standstillJudges cite 1935 precedent limiting presidential removal powersBy John Kruzel WASHINGTON, April 9 (Reuters) - Donald Trump's administration asked the U.S. Suprem...Reuters
Wed, Apr 9
