News
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Commodities
Mexico reports first human case of H5N1 bird flu
MEXICO CITY, April 4 (Reuters) - Mexico has detected its first human case of H5N1 avian influenza, also known as bird flu, the health ministry said on Friday. The infection was confirmed on Tuesday in a three-year-old girl living in the northern state of Durango, who remains hospitalized in serious ...Reuters
Fri, Apr 4
Other
Myanmar junta chief meets foreign leaders, UN says military choking aid
Junta chief holds bilateral meetings with Indian, Thai leadersUN says military limiting humanitarian aid, violating ceasefireDeath toll exceeds 3,100, Myanmar's junta saysU.N. chief says quake has 'supercharged' sufferingBy Devjyot Ghoshal and Panu Wongcha-um BANGKOK, April 4 (Reuters...Reuters
Fri, Apr 4
Commodities
US Cash Crude-Grades mixed as oil rig count rises, Trump tariffs weigh
April 4 (Reuters) - U.S. cash crude grades pulled in different directions on Friday, dealers said, as investors weighed an expected future rise in U.S. oil output, and trade tariffs. U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row, even as ...Reuters
Fri, Apr 4
Other
TikTok deal put on hold after China indicated it would reject deal over tariffs, say sources
TikTok US spinoff on hold-sourcesDeal structure finalized, involved U.S. investors and ByteDance minority stakeTrump extends deadline for TikTok sale by 75 daysBy Dawn Chmielewski, David Shepardson April 4 (Reuters) - A deal to spin off the U.S. assets of TikTok was put on hold after China indica...Reuters
Fri, Apr 4
Stocks
US STOCKS-Trump tariff tailspin worsens, Nasdaq confirms in bear market
Second day of chaotic sell-off since Trump tariff announcementGlobal recession fears grow as retaliation beginsThree benchmarks post largest two-day declines since March 2020Fed Chair Powell warns of tariff impact on inflationIndexes down: S&P 500 5.97%, Nasdaq 5.82%, Dow 5.5%By David French ...Reuters
Fri, Apr 4
Technical Analysis
Silver Price Forecast: XAG/USD collapses over 7%, drops below $30.00
Silver price plummeted on Friday as financial market turmoil continued for the third straight day, following US President Donald Trump's decision to impose reciprocal tariffs. Consequently, China retaliated, sparking fears of a global economic slowdown.
Fxstreet
Fri, Apr 4
Stocks
The U.S. Just Imposed Sweeping Tariffs on All Imports. Here's How Walmart Stock Might Be Affected.
The Trump administration announced widespread tariffs on April 2, saying it aimed to level the playing field for America in global trade. The new policies levy a 10% tariff on all imports, with higher "reciprocal" tariff rates applied to a list of "the countries with which the United States has the ...The Motley Fool
Fri, Apr 4
Other
US group asks Kennedy to restore national labs for hepatitis, sexually transmitted infections
By Julie SteenhuysenCHICAGO, April 4 (Reuters) - The Association of Public Health Laboratories sent a letter on Friday asking the U.S. Department of Health and Human Services to restore two national laboratories that did testing for rare forms of hepatitis and drug-resistant sexually transmitted dis...Reuters
Fri, Apr 4
Technical Analysis
Gold price slides as Powell warns on tariff-driven inflation
Gold (XAU) price extended its losses on Friday and plunged to a seven-day low of $3,015 before recovering some ground, following a speech by Federal Reserve (Fed) Chair Jerome Powell, which indicated that inflation could reaccelerate due to tariffs. XAU/USD trades at $3,029, down 2.70%.
Fxstreet
Fri, Apr 4
Stocks
TRADING DAY-Trump tariffs wipe $5 trillion off Wall Street
By Jamie McGeever ORLANDO, Florida, April 4 (Reuters) - TRADING DAY Bears, fears and tears One of the most pivotal weeks in years - even decades - for the global economy closed on Friday to the sound of the Nasdaq crashing into a bear market as investors fear U.S. President Donald Trum...Reuters
Fri, Apr 4
Other
Progressive, Allstate, CinFin and Arch among P&C biggest fallers in Friday’s wider market plunge
By Michael LoneyApril 4 - (The Insurer) - US-listed property casualty stocks were battered on Friday as the S&P 500 closed down 6% with investors reacting to China striking back at U.S. President Trump’s tariffs.Among property casualty insurers, Kemper fell the most, closing down 10.8% at $57.74...Reuters
Fri, Apr 4
Other
EXCLUSIVE-SpaceX, ULA to clinch multibillion-dollar Pentagon launch contract
By Marisa Taylor and Joey Roulette WASHINGTON, April 4 (Reuters) - Elon Musk's SpaceX and United Launch Alliance are expected to each win a U.S. Space Force rocket launch contract on Friday worth billions of dollars over the next several years to send some of the Pentagon's most sensi...Reuters
Fri, Apr 4
Other
Mexico reports first human case of H5N1 bird flu
MEXICO CITY, April 4 (Reuters) - Mexico has detected its first human case of H5N1 bird flu, the health ministry said on Friday. The infection was confirmed on Tuesday in a three-year-old girl living in the northern state of Durango, who remains hospitalized in serious condition.Reuters
Fri, Apr 4
Stocks
Nasdaq confirms it is in bear market, ending more than 20% below record close
April 4 (Reuters) - The tech-heavy Nasdaq Composite index .IXIC confirmed on Friday that it is in a bear market, after a 22.7% fall from its Dec. 16 record close, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global e...Reuters
Fri, Apr 4
Other
Pentagon says Timothy Haugh to depart as NSA director
WASHINGTON, April 4 (Reuters) - The Pentagon said on Friday that Timothy Haugh will depart as the U.S. National Security Agency director and the commander of the Cyber Command."The Defense Department thanks General Timothy Haugh for his decades of service to our nation, culminating as U.S. Cyber...Reuters
Fri, Apr 4
Other
US IRS to cut 25% of its employees, Washington Post reports
April 4 (Reuters) - The U.S. Internal Revenue Service plans to cut nearly 25% of its workforce in layoffs affecting roughly 20,000 jobs, the Washington Post reported on Friday, citing records and people familiar with the plans.The cuts began on Friday, with the agency announcing it would eliminate i...Reuters
Fri, Apr 4
Forex
AUD/JPY Price Analysis: Heavy losses drag pair near 88.60 as bearish momentum accelerates
The AUD/JPY pair tumbled aggressively on Friday, retreating toward the 88.60 area after shedding over 4% during the day. The move represents one of the steepest intraday declines in recent sessions, dragging the pair away from the recent highs and into a mid-range zone between 87.41 and 92.64.
Fxstreet
Fri, Apr 4
Commodities
Oil dives 7% to lowest in over 3 years on China's tariffs
Brent closes at lowest since August 2021Oil posts biggest weekly decline since 2023China announces retaliatory tariffs on USOPEC+ unexpectedly speeds up oil output hikesRussian court rules not to suspend Caspian pipeline export terminalBy Arathy Somasekhar HOUSTON, April 4 (Reuters) - Oil pri...Reuters
Fri, Apr 4
