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Commodities
PRECIOUS-Gold retreats as stock market selloff prompts investors to cover losses
China to impose tariffs of 34% on all US goods from April 10U.S. nonfarm payrolls increase by 228,000 in MarchSilver set for its worst week since September 2020Fed chief Powell cites risk of persistent inflationBy Anmol Choubey April 4 (Reuters) - Gold fell more than 3% on Friday, erasing gains f...Reuters
Fri, Apr 4
Commodities
Cocoa, coffee, sugar prices slide as markets remain rattled by tariffs
NEW YORK, April 4 (Reuters) - World cocoa, coffee and sugar prices slid again on Friday as markets remained rattled by U.S. president Donald Trump's sweeping tariffs , especially after China retaliated with its own levies on U.S. imports. Trump on Wednesday imposed a 10% tar...Reuters
Fri, Apr 4
Other
US group asks Kennedy to restore national labs for hepatitis, sexually transmitted infections
CHICAGO, 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 diseases, the group tol...Reuters
Fri, Apr 4
Cryptocurrencies
Vietnam offered zero tariffs to US on a call with Trump
President Donald Trump announced on Truth Social that he spoke with Vietnam’s Communist Party General Secretary To Lam, who offered to cut Vietnam’s tariffs on U.S. goods down to “zero” if an agreement is reached. Trump’s post stated, “Just had a very productive call with To Lam, General Secretary of the Communist Party of Vietnam, […]Cryptopolitan
Fri, Apr 4
Other
US Defense Secretary Hegseth to visit Panama next week
WASHINGTON, April 4 (Reuters) - U.S. Defense Secretary Pete Hegseth will travel early next week to Panama where he will participate in an annual Central American security conference, the Pentagon said on Friday.Pentagon spokesperson Sean Parnell said Hegseth would hold bilateral meetings at the conf...Reuters
Fri, Apr 4
Stocks
Why SoundHound AI Stock Is Plummeting Today
Shares of SoundHound AI (NASDAQ: SOUN) are plunging on Friday. The voice artificial intelligence (AI) technology company's stock lost 14.5% as of 1:50 p.m. ET and was down as much as 18.7% earlier in the day. The steep decline comes as the S&P 500 and Nasdaq Composite both lost nearly 5%.Already see...The Motley Fool
Fri, Apr 4
Other
EU's Sefcovic reiterated to US counterparts that U.S tariffs are unjustified
BRUSSELS, April 4 (Reuters) - European Union trade commissioner Maros Sefcovic said on Friday he had held 'frank' talks with U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer during which he reffirmed to them that U.S tariffs were unjustified."A frank 2h...Reuters
Fri, Apr 4
Forex
ANALYSIS-Latam assets may receive a trade-war boost, investors say
Latin America mostly spared from Trump's tariffs, boosting investor interestBrazil and Mexico see stock and currency gains amid trade shiftsEmerging markets outperform due to improving fundamentals and attractive valuationsBy Rodrigo Campos NEW YORK, April 4 (Reuters) - Latin American stocks ...Reuters
Fri, Apr 4
Cryptocurrencies
Fed's Waller says stablecoins bring benefits to US payments system
By Michael S. DerbyApril 4 (Reuters) - Federal Reserve Governor Christopher Waller said on Friday that stablecoins are a good thing for the U.S. payments system, but he doubts the financial system can support a large number of these assets. "I'll say I'm a personal, big advocate of stabl...Reuters
Fri, Apr 4
Other
US seeks ideas for Golden Dome's missile interceptors in space
Pentagon seeks info on space-based interceptors for missile defenseIndustry engagement to discuss space-based interceptors starts April 30Russia condemns US missile defense shield as threat to nuclear balanceBy Mike Stone WASHINGTON, April 4 (Reuters) - The U.S. is asking defense contractors for ...Reuters
Fri, Apr 4
Other
SpaceX's private Fram2 crew returns to Earth after polar-orbiting mission
By Joey Roulette WASHINGTON, April 4 (Reuters) - Four private astronauts returned to Earth in a SpaceX capsule on Friday after roughly four days orbiting the planet in a novel polar trajectory, walking out of their spacecraft with little assistance to cap off the Elon Musk-led company's sixth...Reuters
Fri, Apr 4
Other
U.S. RESEARCH ROUNDUP-American Express, RxSight, Vertiv Holdings
April 4 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including American Express, RxSight and Vertiv Holdings on Friday. HIGHLIGHTS* Alphabet Inc GOOGL.O: TD Cowen cuts target price to $195 from $210* American Express AXP.N: HSB...Reuters
Fri, Apr 4
Stocks
Why Nvidia Stock Is Nose-Diving Today
Shares of Nvidia (NASDAQ: NVDA) are plummeting on Thursday. The artificial intelligence (AI) chip giant's stock lost 7.8% as of 1:30 p.m. ET, and was down as much as 9.5% earlier in the day. The steep decline comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) lost 4.9% ...The Motley Fool
Fri, Apr 4
Commodities
US oil service firms set for hit from Trump tariffs, tumbling oil prices
By Georgina McCartney HOUSTON, April 4 (Reuters) - U.S. oilfield service firms are bracing for a hit as President Donald Trump's tariffs throw supply chains into disarray and tumbling oil prices set the stage for a drop in drilling activity, analysts and financial firms said on Friday.Fin...Reuters
Fri, Apr 4
Other
Hollywood eyes summer with anticipation, 50 years after 'Jaws'
'Jaws' wrote Hollywood's summer playbookTheaters hope this summer reverses box office slide'Jurassic World,' 'Thunderbolts' coming to theaters soonCinemas face competition from at-home streaming services By Lisa Richwine and Rollo Ross LAS VEGAS, April 4 (Reuters) - A ...Reuters
Fri, Apr 4
Other
Columbia University's new campus patrol officers appointed by New York Police Department
Officers can use physical force to make arrests but will be unarmedOfficers will detain arrestees on campus before transferring to NYPD precinctUniversity leaders have not disclosed NYPD role to University SenateBy Jonathan Allen NEW YORK, April 4 (Reuters) - The 36 new special patrol officers an...Reuters
Fri, Apr 4
Commodities
Refining stocks plunge to near two-year lows as Trump tariffs spur demand worries
By Nicole Jao NEW YORK, April 4 (Reuters) - Shares of U.S. refiners fell to two-year lows on Friday in the wake of U.S. President Trump's announcement of new tariffs, as fears of slower oil and fuel demand and weakening refining margins rattled investors.Top refiners Marathon Petroleum MPC.N,...Reuters
Fri, Apr 4
Stocks
Why Tesla Stock Is Crashing Today -- It's Not Just Trump's Tariffs
Shares of Tesla (NASDAQ: TSLA) are sliding on Friday. The electric vehicle maker's stock lost 10% as of 1:30 p.m. ET and was down as much as 11.7% earlier in the day. The decline comes as the S&P 500 and Nasdaq Composite both lost more than 5%.As the escalating trade war hammers markets, Tesla recei...The Motley Fool
Fri, Apr 4
Other
Berkshire Hathaway Denies Reports Regarding Comments Allegedly Made By Buffett
April 4 (Reuters) - Berkshire Hathaway Inc BRKa.N:BERKSHIRE HATHAWAY INC. NEWS RELEASEBERKSHIRE HATHAWAY: REPORTS CURRENTLY CIRCULATING ON SOCIAL MEDIA REGARDING COMMENTS ALLEGEDLY MADE BY WARREN E. BUFFETT ARE FALSEFurther company coverage: [BRKa.N]Reuters
Fri, Apr 4
Other
US high-grade bond issuance market teeters in ways not seen since the pandemic
By Shankar Ramakrishnan April 4 (Reuters) - U.S. President Donald Trump's tariffs brought U.S. investment-grade bond issuance to a screeching halt this week, but market stress had already been apparent over the past month as jittery investors pushed back on pricing, some bankers said.Sinc...Reuters
Fri, Apr 4
