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Commodities
GRAINS-'Out of the ball game': US soy futures sink after top-buyer China hikes tariffs
By Tom Polansek CHICAGO, April 4 (Reuters) - U.S. soybean futures sank 3.4% on Friday to their lowest this year, after top importer China said it would impose additional tariffs of 34% on all American goods in retaliation against duties announced by President Donald Trump.The levies threaten to h...Reuters
Fri, Apr 4
Stocks
Wall St Week Ahead-Shell-shocked markets brace for more tariff tumult
Two-day selloff puts S&P 500 down over 17% from record highNasdaq Composite confirmed bear market on FridayComing week sees tariff deadline, inflation data, bank earningsBy Lewis Krauskopf NEW YORK, April 4 (Reuters) - Tariff-stunned markets face another week of potential tariff turmoil, with...Reuters
Fri, Apr 4
Other
Judge explains order for New York Times in OpenAI copyright case
By Blake Brittain April 4 (Reuters) - The New York Times NYT.N made its case, for now, that OpenAI and its most prominent financial backer Microsoft MSFT.O were responsible for inducing users to infringe its copyrights, a New York federal judge said in a court opinion on Friday explaining an orde...Reuters
Fri, Apr 4
Forex
FOREX-US dollar recovers, Aussie hits five-year low after China tariff retaliation
Powell pushes back on easing due to tariff-induced inflationAustralian dollar hits five-year low against dollarUS dollar hits a six-month low versus safe-haven Swiss FrancInvestors weigh dollar's status as a safe haven currencyBy Laura Matthews NEW YORK, April 4 (Reuters) - The U.S. dollar re...Reuters
Fri, Apr 4
Other
Venezuelan released from ICE detention to donate kidney to ailing brother
CHICAGO, April 4 (Reuters) - A Venezuelan man was released from U.S. Immigration and Customs Enforcement (ICE) detention after one month so that he could reunite on Friday with his ailing brother who needs his kidney donation to save his life.Jose Gregorio Gonzalez had been detained at his brother&#...Reuters
Fri, Apr 4
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
