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GLOBAL-MARKETS-Stocks sell off, US dollar weakens as Trump tariffs fuel economic worries
S&P 500 down more than 4% in afternoon tradingDollar down against euro, yen Safe-haven bonds rallyBy Caroline Valetkevitch and Marc Jones NEW YORK/LONDON, April 3 (Reuters) - Stock indexes tumbled on Thursday, with the S&P 500 down more than 4%, while the U.S. dollar weakened and oil ...Reuters
Thu, Apr 3
Stocks
Trump's "Reciprocal Tariffs": Why Major AI Stocks Apple, Meta, and Alphabet (Google) Are Feeling the Heat Today
The whole U.S. stock market is feeling the pain from the sweeping new tariffs that President Trump announced Wednesday after the market closed. As of 1:10 p.m. ET Thursday, the blue chip Dow Jones Industrial Average had fallen by over 1,300 points (3.1%), the broad market S&P 500 was off by 3.9%, an...The Motley Fool
Thu, Apr 3
Stocks
Why Heavy Equipment Manufacturer Stocks Are Falling Today
Wall Street's initial reaction to the new tariff policies announced Wednesday night is not positive, and manufacturers of heavy equipment are reacting worse than the overall market.Shares of Caterpillar (NYSE: CAT) and Toro (NYSE: TTC) were each down more than 6% as of 1 p.m. ET, while shares of Dee...The Motley Fool
Thu, Apr 3
Other
US NTSB urges FAA to require Boeing 757 airplane door latch inspections
WASHINGTON, April 3 (Reuters) - The National Transportation Safety Board on Thursday urged the Federal Aviation Administration to require airlines to inspect latches on Boeing BA.N 757 airplane doors after a 2023 emergency evacuation of a FedEx FDX.N flight in Tennessee, and to replace them if need...Reuters
Thu, Apr 3
Other
Pentagon watchdog opens probe into use of Signal for Yemen attack plans
WASHINGTON, April 3 (Reuters) - The Pentagon's Inspector General's office announced on Thursday it was opening a probe into Defense Secretary Pete Hegseth's use of an unclassified commercial texting application to coordinate the March 15 launch of U.S. strikes on Yemen's Houthis."...Reuters
Thu, Apr 3
Stocks
Why Nvidia Stock Is Plummeting Today -- It's More Than Trump's Tariffs
Shares of Nvidia (NASDAQ: NVDA) are falling on Thursday. The company's stock was down 6.2% as of 1 p.m. ET and as much as 7.6% earlier in the day. The drop comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) are seeing one of their worst days in years.President Trump's n...The Motley Fool
Thu, Apr 3
Stocks
US STOCKS-Wall Street plunges on fears Trump tariffs to trigger recession
Apple leads declines among Big TechRetail stocks slump on Asia tariff worriesWall Street fear gauge hits 3-week highIndexes down: Dow 2.9%, S&P 500 3.8%, Nasdaq 4.9%By David French April 3 (Reuters) - U.S. stocks sank on Thursday, with the bloodbath engulfing megacap technology names and ...Reuters
Thu, Apr 3
Commodities
EU wheat eases on euro jump and tariff jitters
PARIS, April 3 (Reuters) - Euronext wheat futures eased on Thursday as the euro climbed and traders awaited potential trade disruption following the announcement of sweeping U.S. tariffs.May wheat BL2K5 on Euronext settled 0.5% down at 221.00 euros ($243.54) a metric ton, after paring early losses.T...Reuters
Thu, Apr 3
Commodities
Duke Energy Ohio/Kentucky Restore Power To More Than 31,000 Customers Impacted By High Winds, Severe Storms
April 3 (Reuters) - Duke Energy Corp DUK.N:DUKE ENERGY OHIO/KENTUCKY RESTORE POWER TO MORE THAN 31,000 CUSTOMERS IMPACTED BY HIGH WINDS, SEVERE STORMSDUKE ENERGY - AROUND 30,000 CUSTOMERS IN SOUTHWEST OHIO & NORTHERN KENTUCKY STILL WITHOUT POWER AS OF 11:45 A.M.Reuters
Thu, Apr 3
Stocks
Equity long/short hedge funds down 1.7% amid sell-off
NEW YORK, April 3 (Reuters) - Global equity long/short hedge funds on Thursday were down 1.7% on the day amid a sell-off triggered by the Trump administration's new trade tariffs announced on April 2, Goldman Sachs said in a note.Those funds are now down 1.6% in the year, the bank added.Reuters
Thu, Apr 3
Stocks
U.S. STOCKS ON THE MOVE-US drugmakers, Lamb Weston
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Heavyweight technology stocks led a broad selloff on Wall Street on Thursday after President Donald Trump's sweeping tariffs on major trade partners ignited fears of an all-out trade war...Reuters
Thu, Apr 3
Stocks
US tariffs threaten growth shock, Goldman Sachs says
By Davide Barbuscia and Suzanne McGee NEW YORK, April 3 (Reuters) - Goldman Sachs GS.N warned sweeping U.S. tariffs will weigh on global growth and prompt the Federal Reserve to cut interest rates more aggressively than previously expected."We view this as kind of a growth shock... this is go...Reuters
Thu, Apr 3
Forex
Pound Sterling Price News and Forecast:Pound Sterling outperforms US Dollar as Trump tariffs fuel US recession
The Pound Sterling (GBP) surges to near 1.3200 against the US Dollar (USD) during the North American trading hours on Thursday, the highest level seen in almost six months.
Fxstreet
Thu, Apr 3
Stocks
Why Shares in Stanley Black & Decker Got Crushed Today
Shares in Stanley Black & Decker (NYSE: SWK) were down by about 12% at noon ET today. The move is in response to the recently announced tariff actions by the Trump administration. Three ways Stanley Black & Decker will be hitThe company took a major hit in costs the last time President Trump was in ...The Motley Fool
Thu, Apr 3
Stocks
PRECIOUS-Gold eases after record high on knock-on effect of wider selloff
Trump unveils 10% base tariff on importsSpot gold hits record high of $3,167.57/ozSilver falls over 6% By Anmol Choubey April 3 (Reuters) - Gold prices trimmed losses on Thursday after falling over 2% from an all-time high, as a wider market selloff triggered by U.S. President Donald Trum...Reuters
Thu, Apr 3
Stocks
Newsmax Stock Is Extremely Volatile Today. Does It Have Anything to Do With Trump's Tariffs?
Shares of conservative media outlet Newsmax (NYSE: NMAX) traded with extreme volatility today. Shares fell as much as 24% this morning before doing a complete 180. As of 1:50 p.m. ET, the stock traded about 23% higher.Are Trump's tariffs impacting the stock?Newsmax raised $75 million in a more limit...The Motley Fool
Thu, Apr 3
Commodities
GRAINS-US soybean futures slip on fears of tariff retaliation
By Tom Polansek CHICAGO, April 3 (Reuters) - Chicago Board of Trade soybean futures slid on Thursday amid concerns that new U.S. tariffs could trigger retaliatory measures against American exports, analysts said.President Donald Trump on Wednesday announced a 10% baseline tariff on most imports t...Reuters
Thu, Apr 3
Other
Exclusive: Burns & Wilcox elevates Steen, Briscoe, Siegel, Willis and Dorman to new roles
By James ThalerApril 3 - Burns & Wilcox has made a series of promotions of longtime company veterans, with Bonnie Steen named regional vice president, William Briscoe, Chris Siegel and Berri Willis elevated to vice president, and Justin Dorman tapped as managing director in the firm’s Charleston...Reuters
Thu, Apr 3
