News
Important Only
Commodities
Phillips 66 Reports Unit Upset at Sweeny, Texas Refinery
April 8 (Reuters) - PHILLIPS 66 PSX.N:REPORTS UNIT UPSET, RESULTING IN SAFE UTILIZATION OF FLARE SYSTEM AT ITS SWEENY REFINERY AND PETROCHEMICAL COMPLEX, TEXASCAPACITY: 265,000 BARRELS PER DAYSOURCE: TEXAS COMMISSION ON ENVIRONMENTAL QUALITY FILINGReuters
Tue, Apr 8
Commodities
Cal-Maine says cooperating with Justice Department's probe into high egg prices
April 8 (Reuters) - Cal-Maine Foods CALM.O on Tuesday said it was cooperating with an investigation by the U.S. Justice Department regarding high price of eggs and whether producers have conspired to raise rates.The U.S. egg producer got a civil investigative demand from the authority last month, Ca...Reuters
Tue, Apr 8
Stocks
US STOCKS-S&P 500 hits lowest close in almost a year as hopes wane for tariff concessions
Indexes fall: Dow 0.84%, S&P 500 1.57%, Nasdaq 2.15%Major health insurers rise after Medicare payment rate boostBig bank earnings set to begin later this weekBy Sinéad Carew and Shashwat Chauhan April 8 (Reuters) - The S&P 500 sold off sharply on Tuesday to close below 5,000 points for th...Reuters
Tue, Apr 8
Technical Analysis
NZD/USD Price Analysis: Kiwi edges higher but bears keep control below key moving averages
The NZD/USD pair registered neutral movements during Tuesday’s session, with the pair seen moving around the 0.5530 region but cleared gains which took it to highs above 0.5600.
Fxstreet
Tue, Apr 8
Commodities
GRAINS-Chicago soybeans climb on recovery after tariff news
By Renee Hickman CHICAGO, April 8 (Reuters) - Chicago soybean futures rose on Tuesday, bouncing back from a four-month low on technical trading, while corn and soy futures also firmed as traders turned their attention toward a U.S. Department of Agriculture data release and weather concerns, anal...Reuters
Tue, Apr 8
Stocks
US Cash Crude-Mars sour rises after Keystone oil pipeline goes offline
April 8 (Reuters) - U.S. cash crude prices were mixed on Tuesday, dealers said, with the Mars Sour grade premium to U.S. crude futures doubling from a day earlier after a key pipeline shipping heavy, sour Canadian crude to feed U.S. refineries went offline. The Keystone oil pipeline from Canada to t...Reuters
Tue, Apr 8
Stocks
Kura Sushi USA Inc reports results for the quarter ended February 28 - Earnings Summary
Kura Sushi USA Inc KRUS.OQ reported a quarterly adjusted loss of 14 cents per share for the quarter ended February 28, lower than the same quarter last year, when the company reported EPS of -9 cents. The mean expectation of ten analysts for the quarter was for a loss of 13 cents per share. Wall ...Reuters
Tue, Apr 8
Stocks
Aehr Test Systems reports results for the quarter ended February 28 - Earnings Summary
Aehr Test Systems AEHR.OQ reported quarterly adjusted earnings of 7 cents per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of two analysts for the quarter was for earnings of 4 cents per share. Wal...Reuters
Tue, Apr 8
Stocks
Cal-Maine Foods Inc reports results for the quarter ended February 28 - Earnings Summary
Cal-Maine Foods Inc CALM.OQ reported quarterly adjusted earnings of $10.38 per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of $2.37. The mean expectation of two analysts for the quarter was for earnings of $10.91 per share. Wall S...Reuters
Tue, Apr 8
Stocks
Mama's Creations Inc reports results for the quarter ended January 31 - Earnings Summary
Mama's Creations Inc MAMA.OQ reported quarterly adjusted earnings of 4 cents per share for the quarter ended January 31, identical to the same quarter last year. The mean expectation of four analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range ...Reuters
Tue, Apr 8
Cryptocurrencies
Bitcoin Price Mirrors Global M2 As Crypto Analyst Reveals May Timeline For “Blast Off”
Bitcoin’s price movement is starting to look positive after a brief stretch of crashes on Sunday and Monday. After breaking down to $74,000 on Monday, bearish momentum looked ready to drag Bitcoin’s price down further. However, bulls quickly stepped in to defend the dip. Their aggressive buyin...NewsBTC
Tue, Apr 8
Stocks
TRADING DAY-All pain, no gain on Wall Street
By Jamie McGeever ORLANDO, Florida, April 8 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist U.S. stocks slide, yields spike as Trump holds China tariff line A strong relief rally across Asian and European stocks on Tuesda...Reuters
Tue, Apr 8
Economic Indicator
Brazil sees no need to announce tariff measures for now, minister says
BRASILIA, April 8 (Reuters) - Brazil's Finance Minister Fernando Haddad said on Tuesday now is not the time for Latin America's largest economy to announce any measures in response to trade tariffs imposed by the U.S."The moment is not one for announcing measures," he said at an even...Reuters
Tue, Apr 8
Other
After Supreme Court ruling, pair of Venezuelan migrants revive deportation challenge
Venezuelan migrants challenge deportation under 1798 lawSupreme Court lifted ban on deportations under this lawBy Luc Cohen, Ted Hesson NEW YORK, April 8 (Reuters) - A day after the U.S. Supreme Court lifted a temporary ban on President Donald Trump's use of a 1798 law to speed up deportation...Reuters
Tue, Apr 8
Stocks
Morgan Stanley downgrades Nasdaq to 'equal weight' rating
** Morgan Stanley downgrades exchange operator Nasdaq NDAQ.O to "equal weight" from "overweight" rating** Brokerage sees risk to NDAQ's solution business growth outlook, which comprises more than 70% of the firm's revenue ** Morgan Stanley says the concern about growth in the...Reuters
Tue, Apr 8
Commodities
Brazil coffee exporters glimpse opportunity amidst U.S tariffs
By Roberto SamoraSAO PAULO, April 8 (Reuters) - Brazilian coffee exporters see U.S. President Donald Trump's global tariffs as an opportunity to send more robusta beans to the United States after international rivals were hit with even heavier charges. Trump's tariffs levy a charge of 10% on...Reuters
Tue, Apr 8
Cryptocurrencies
South Korea’s 24-hour trading volume surges on false news of US tariff suspension
The South Korean crypto markets experienced a 400% increase in trading volume over the past 24 hours following reports that President Donald Trump was considering a 90-day suspension of tariffs, which also affected South Korean exports. A White House spokesperson has debunked the reports as fake news. Trading activity on South Korean crypto exchanges experienced […]Cryptopolitan
Tue, Apr 8
Other
Judge lifts Trump White House restrictions on AP while lawsuit proceeds
WASHINGTON, April 8 (Reuters) - A U.S. judge on Tuesday ordered President Donald Trump’s White House to lift access restrictions imposed on the Associated Press over the news agency’s decision to continue to refer to the Gulf of Mexico in its coverage.The order from U.S. District Judge Trevor McFadd...Reuters
Tue, Apr 8
