News
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BREAKINGVIEWS-Trumpian stubbornness puts the onus back on CEOs
By Stephen Gandel NEW YORK, April 8 (Reuters Breakingviews) - There’s nothing like trillions in losses to embolden America’s C-suite. CEOs and Wall Street heavy hitters have begun warning about President Donald Trump's “Liberation Day” tariff scheme, which sent the S&P 500 Index .SPX plum...Reuters
Tue, Apr 8
Other
Three Americans convicted over failed Congo coup transferred to US custody, State Dept says
WASHINGTON, April 8 (Reuters) - Three U.S. citizens convicted over a failed coup in Democratic Republic of Congo have been transferred into U.S. custody after Kinshasa commuted their death sentences last week, State Department spokesperson Tammy Bruce said on Tuesday.Bruce, speaking at a regular pre...Reuters
Tue, Apr 8
Other
What to Watch in the Day Ahead - Wednesday, April 9
Minutes of the Federal Reserve's March policy meeting will be released, which is expected to clear some air about the central bank's rate-cut trajectory. Bets are high for a rate cut in May amid rising fears of a tariff-fuelled recession in the United States. Separately, Richmond Fed Preside...Reuters
Tue, Apr 8
Cryptocurrencies
Crypto Lawyer Files Lawsuit To Force US Gov’t To Reveal Satoshi Nakamoto
A cryptocurrency lawyer has filed a case against the US Department of Homeland Security in an effort to uncover who actually invented Bitcoin. James Murphy, also referred to online as ‘MetaLawMan,’ is requesting that the government hand over information regarding Satoshi Nakamoto, the en...Bitcoinist
Tue, Apr 8
Cryptocurrencies
Dogecoin (DOGE) Dropped By Investors as More Powerful Token with 27,300% ROI Emerges
A major shake-up is taking place in the crypto market as Dogecoin (DOGE), which was once regarded as being pornographic, is currently dealing with an adverse breakup of investors. The reason? Mutuum Finance (MUTM), a decentralized lending protocol, is gaining traction as its presale surpassed $6.3 million and over 7,900 holders rushed to grab tokens. Mutuum Finance […]Cryptopolitan
Tue, Apr 8
Stocks
U.S. STOCKS ON THE MOVE-Walgreens, Harley-Davidson, Hewlett Packard Enterprise
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes on Tuesday recouped some of the heavy losses clocked since last week as technology and financials led the gains on expectations that the U.S. would open up for...Reuters
Tue, Apr 8
Technical Analysis
US Dollar sees volatility on US tariff disputes with China
The US Dollar Index (DXY), which tracks the performance of the US Dollar against six major currencies, is trading near the 103.00 region during Tuesday’s session. Momentum picked up after upbeat labor market data last week, helping the index rebound from recent lows.Fxstreet
Tue, Apr 8
Other
Rising populism should not stop discussions on reparations, says African Union official
By Catarina Demony LONDON, April 8 (Reuters) - The rise of right-wing populism in Europe and elsewhere should not prevent Africa from bringing reparations for transatlantic slavery and colonialism to the table, the head of the African Union's (AU) diaspora division said. "There is no bett...Reuters
Tue, Apr 8
Commodities
US lawmakers spar over food aid program facing uncertainty
House budget plan could see $230 billion in SNAP cutsConflict over the cuts will likely feature in budget and farm bill negotiationsMore than 41 million Americans receive SNAP benefitsBy Leah Douglas April 8 (Reuters) - Lawmakers clashed over the future of the nation's largest food aid progra...Reuters
Tue, Apr 8
Other
CANADA RESEARCH ROUNDUP-Canadian National Railway, Canadian Pacific Kansas City, Largo
April 8 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Canadian National Railway, Canadian Pacific Kansas City and Largo on Tuesday.HIGHLIGHTS * Canadian National Railway Co CNR.TO: UBS cuts target price to C$172 from C$187 * Can...Reuters
Tue, Apr 8
Commodities
Canada says counter-tariffs against some US-made autos will start April 9
OTTAWA, April 8 (Reuters) - The 25% counter-tariffs Canada said last week it would impose on some U.S.-made vehicles will go into effect on April 9, the federal finance ministry said on Tuesday."These countermeasures will remain in place until the U.S. eliminates its tariffs against the Canadian...Reuters
Tue, Apr 8
Other
Brazil regulator authorizes Starlink to add 7,500 satellites to its local operation
SAO PAULO, April 8 (Reuters) - Brazil's telecommunications regulator Anatel authorized Elon Musk's Starlink to add 7,500 new satellites to operate in the Latin American nation, the watchdog said in a statement on Tuesday.Starlink currently is allowed by Anatel to operate 4,408 satellites, ac...Reuters
Tue, Apr 8
Other
EXCLUSIVE-Congo hands over Americans jailed over failed coup as talks on minerals progress
U.S. envoy had called for release of the AmericansCongo wants the U.S. to provide security in return for critical mineralsU.S. troops or contractors could train Congolese forces, provide intelligenceCongo is rich in critical minerals used in mobile phones, batteriesBy Ange Kasongo, Jessica Donati an...Reuters
Tue, Apr 8
Other
Constellation Brands Is Watering Down Its Supplier Diversity Program And Renaming Its DEI Team - Bloomberg News
April 8 (Reuters) - CONSTELLATION BRANDS IS WATERING DOWN ITS SUPPLIER DIVERSITY PROGRAM AND RENAMING ITS DEI TEAM - BLOOMBERG NEWSSource text: https://tinyurl.com/y6yxncycReuters
Tue, Apr 8
Stocks
Why Taiwan Semiconductor Manufacturing Stock Is Falling Today
Taiwan Semiconductor Manufacturing (NYSE: TSM) stock is losing ground again in Tuesday's trading. The chip foundry leader's share price was down 0.4% as of 2 p.m. ET amid the backdrop of a 0.1% gain for both the S&P 500 and the Nasdaq Composite. Notably, the stock had been up as much as 4.3% earlier...The Motley Fool
Tue, Apr 8
Stocks
Apparel stocks slide as US to impose 104% China tariffs from Wednesday
** Shares of U.S. apparel retailers slump between 6% and 10% in late trading as China tariffs under Trump administration set to shoot up to 104%** U.S. said on Tuesday 104% duties on imports from China will take effect shortly after midnight, in response to counter-tariffs Beijing announced last wee...Reuters
Tue, Apr 8
Indices
Dow Jones Industrial Average pares intraday gains as equity recovery falters ahead of tariffs
The Dow Jones Industrial Average (DJIA) fumbled an early recovery on Tuesday, briefly crossing above 39,000 before slumping back to the 38,000 handle as markets brace for tariff kick-off following the Trump administration’s “Liberation Day” tariff announcements last week.Fxstreet
Tue, Apr 8
Other
TREASURIES-US yields rise on tariff optimism, soft three-year auction
Some investors thought to be selling bonds to deleverageUS calls China's retaliation against its tariffs a 'big mistake'US Treasury sells $58 billion of three-year notes on Tuesday By Karen Brettell April 8 (Reuters) - Longer-dated U.S. Treasury yields pared an earlier rise on Tue...Reuters
Tue, Apr 8
Stocks
Why Palantir Stock Is Soaring Today
Shares of Palantir (NASDAQ: PLTR) are surging on Tuesday. The stock gained 1.7% as of 1:30 p.m. ET but was up as much as 10.6% earlier in the day. The rise comes as the S&P 500 gained 1.4% and the Nasdaq Composite saw significant volatility.President Donald Trump's pledge of a historic trillion-doll...The Motley Fool
Tue, Apr 8
