News
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Stocks
FTSE 100 ends lower ahead of Trump's tariffs announcement
UK won't jeopardise US trade talks with rushed tariff response, says ReevesUK healthcare sector closes at lowest in nearly a monthBakkavor rises on rival Greencore's takeover offer FTSE 100 down 0.3%, FTSE 250 up 0.3% April 2 (Reuters) - Britain's FTSE 100 fell on Wednesday as investo...Reuters
Wed, Apr 2
Forex
CANADA FX DEBT-Canadian dollar edges lower ahead of US tariff announcement
Canadian dollar dips 0.1% against the greenbackTrades in a range of 1.4290 to 1.4334Price of oil increases 0.5%Bond yields rise across the curveBy Fergal Smith TORONTO, April 2 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Wednesday as investors globally awaited the ...Reuters
Wed, Apr 2
Stocks
Amazon rises after report company makes bid for TikTok in US
** Shares of Amazon AMZN.O rise 1.5% to $195.1 after New York Times report says the e-commerce giant has bid to buy TikTok ** Amazon has put in a last-minute offer to buy the short-form video app in the U.S., NYT reports, citing sources familiar with the matter** Amazon's came via an offer lette...Reuters
Wed, Apr 2
Other
Mexico's Inbursa sells 49.9% stake in STM Financial to Stellantis subsidiary
MEXICO CITY, April 2 (Reuters) - Mexican bank Grupo Financiero Inbursa said it will sell a 49.9% stake in its automotive finance unit STM Financial to Fidis, a subsidiary of car manufacturer Stellantis.WHY IT'S IMPORTANT Inbursa, owned by Mexican tycoon Carlos Slim, aims to consolidate its autom...Reuters
Wed, Apr 2
Stocks
U.S. STOCKS ON THE MOVE-M-tron, Rocket Companies, TKO Group
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes fell on Wednesday as investors worried about the potential impact of U.S. President Donald Trump's sweeping tariffs on the global economy, corporate earnin...Reuters
Wed, Apr 2
Stocks
European stocks drop ahead of Trump's tariff announcement
White House tariff announcement planned for 2000 GMTHealthcare sector at lowest since December Svitzer shares surge after A.P. Moller Holding's cash offerLagarde warns on tariff impact Europe plans proportionate response to U.S. tariffs - FerracciBy Sukriti Gupta, Medha Singh and Lisa Pauline Ma...Reuters
Wed, Apr 2
Commodities
Canada gasoline prices slide on removal of consumer carbon tax
By Shariq Khan NEW YORK, April 2 (Reuters) - Retail prices for gasoline fell sharply across Canada after the government on Tuesday removed consumer carbon taxes that had been in effect since 2019.Mark Carney signed an order eliminating the Justin Trudeau-era consumer carbon tax on his first day a...Reuters
Wed, Apr 2
Cryptocurrencies
Trump Media shares fall after POTUS kicks off sale of $2.3bn stake
Shares of Trump Media & Technology Group (TMTG) nosedived on Wednesday after a regulatory filing revealed plans for a large stock sale, including the potential sale of US President Donald Trump’s $2.3 billion stake. The update comes against the backdrop of Trump’s upcoming announcement of new trade tariffs, which he has branded as “liberation day” […]Cryptopolitan
Wed, Apr 2
Other
Spanish foreign minister, US Rubio discuss security, trade in call
MADRID, April 2 (Reuters) - Spanish Foreign Minister Jose Manuel Albares had an "excellent conversation" with U.S. Secretary of State Marco Rubio on Wednesday, discussing bilateral relationship, trade and security, Albares said in a post on social media platform X.Their telephone conversatio...Reuters
Wed, Apr 2
Other
Boeing working with DOJ on revised plea deal, CEO says
WASHINGTON, April 2 (Reuters) - Boeing is in discussions with the Justice Department to reach a revised plea agreement stemming from the planemaker's alleged misrepresentations to U.S. regulators about a key system on the 737 MAX, company CEO Kelly Ortberg said Wednesday.Ortberg said at a Senate...Reuters
Wed, Apr 2
Forex
LIVE MARKETS-Dollar positioning suggests complacency before tariff announcement
Major US indexes rally; Nasdaq out front, up ~0.9%Cons Disc leads S&P 500 sector gainers; Staples weakest groupDollar down; gold, crude gain; bitcoin up >2%US 10-Year Treasury yield rises to ~4.21%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You c...Reuters
Wed, Apr 2
Stocks
US STOCKS-Wall Street steadies ahead of Trump's tariff plans
Indexes up: Dow 0.2%, S&P 500 0.2%, Nasdaq 0.4% Trump's tariff announcement at 4:00 p.m. ETADP, factory orders beat estimatesTesla turns higher after reports Musk to leave govt roleBy Sruthi Shankar and Pranav Kashyap April 2 (Reuters) - U.S. stock indexes recovered from morning losse...Reuters
Wed, Apr 2
Stocks
Government contractor stocks rise after report that Musk will leave role as governing partner
** Shares of government contractors rise after Politico report says U.S. President Donald Trump has told his inner circle, including members of his Cabinet, that Tesla CEO Elon Musk will be stepping back in the coming weeks from his current role as governing partner** Leidos LDOS.N up 5.2%, Science...Reuters
Wed, Apr 2
Other
FDA misses deadline for decision on Novavax's COVID-19 vaccine, WSJ reports
April 2 (Reuters) - The U.S. Food and Drug Administration have missed the deadline for making a key decision on Novavax's NVAX.O COVID-19 vaccine, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.Reuters
Wed, Apr 2
Commodities
METALS-Copper edges up ahead of US tariffs while tin extends rally
By Eric Onstad LONDON, April 2 (Reuters) - Copper prices drifted higher on Wednesday as investors waited for details of U.S. reciprocal tariffs, but tin extended a rally to its highest in nearly three years on supply fears.Benchmark three-month copper CMCU3 on the London Metal Exchange (LME) rose...Reuters
Wed, Apr 2
Other
Ex-Kalshi lawyer acting as DOGE's representative at the SEC, sources say
Ex-Kalshi lawyer begins meetings with SEC staff on behalf of Musk's DOGEFormer CFTC attorney now tasked with potentially restructuring Wall St regulatorComes as agency faces unprecedented change, staff exodusBy Douglas Gillison and Chris Prentice April 2 (Reuters) - Elon Musk's Depart...Reuters
Wed, Apr 2
Other
FDA Misses Deadline For Covid-19 Vaccine Decision, Novavax's Application Needed More Data- WSJ
April 2 (Reuters) - FDA MISSES DEADLINE FOR COVID-19 VACCINE DECISION- WSJFDA LEADERS ARE NOW SITTING ON THE DECISION AND HAVE SAID NOVAVAX’S APPLICATION NEEDED MORE DATA-WSJSource text: [https://on.wsj.com/43BuccdReuters
Wed, Apr 2
Other
Lawsuit accuses United Rentals, other construction equipment firms of price-fixing
By Mike Scarcella April 2 (Reuters) - A lawsuit filed in Chicago federal court claims that construction equipment giant United Rentals URI.N and four rivals conspired with a data services platform to fix prices, causing thousands of businesses to overpay for excavators, cranes and other vehicles....Reuters
Wed, Apr 2
