News
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Stocks
CANADA STOCKS-TSX rallies as Canada gains some tariff relief
TSX ends up 1.2% at 24,870.82Materials group adds 3.4% as copper jumpsMagna International shares climb 6.9%Bombardier jumps nearly 10%By Fergal Smith March 5 (Reuters) - Canada's main stock index rebounded from a seven-week low on Wednesday, led by gains for metal mining and consumer discreti...Reuters
Wed, Mar 5
Stocks
Sleep Number falls after Q4 results
** Shares of home furnishings company Sleep Number SNBR.O fall 5.5% to $12.18 in extended trading** Company posts Q4 net sales of $377 million compared with $429.52 million a year earlier** SNBR's Q4 net loss narrows to $5 million compared with a net loss of $25.2 million for the same period las...Reuters
Wed, Mar 5
Other
THE DAY AHEAD-North America, March 6
To access a PDF version of this newsletter, please click here You can read The Day Ahead via TOPNEWS - U.S Companies or Canada page. If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/TDA-subscription-page For Morning News Call U.S. -- a...Reuters
Wed, Mar 5
Cryptocurrencies
XRP Active Addresses Soar 620% As Price Volatility Continues
On-chain data shows activity on the XRP network has registered a large spike over the past week as volatility has engulfed the market. XRP Active Addresses & Volume Have Shot Up Recently In a new post on X, analyst Ali Martinez has discussed about the latest trend in the Active Addresses of XRP....Bitcoinist
Wed, Mar 5
Cryptocurrencies
Bitcoin’s Latest Crash Sparks $818M In Realized Losses—2nd Largest This Cycle
On-chain data shows the Bitcoin investors have participated in a massive amount of loss taking as the asset’s price has gone through a crash. Bitcoin Entity-Adjusted Realized Loss Observed A Sharp Spike Recently In a new post on X, the on-chain analytics firm Glassnode has talked about the lat...Bitcoinist
Wed, Mar 5
Cryptocurrencies
Bitcoin Price Suffers Bearish Deviation After Filling CME Gap, Is This Good Or Bad?
The Bitcoin price is struggling to recover from recent declines, as the market downtrend has kept it significantly below the $100,000 mark. Amidst this volatility, Bitcoin is experiencing a bearish deviation that is filling a new Chicago Mercantile (CME) Gap. This has triggered a fresh prediction fr...NewsBTC
Wed, Mar 5
Other
Athletics-Briton Wightman says he will no longer be coached by father
NEW YORK, March 5 (Reuters) - British middle-distance runner Jake Wightman will no longer be coached by his father, the 2022 1,500 metres world champion said on Wednesday, offering thanks for the "years of selfless time".A long-time sports commentator, Geoff Wightman famously called Jake'...Reuters
Wed, Mar 5
Other
Trump delays auto tariffs. Pickup trucks might explain why.
Automakers look for a lifeline to avoid massive tax on vehiclesTariffs could add on average $3,000 to the cost of a vehiclePickup drivers are twice as likely to say they are Republicans than DemocratsBy Nora Eckert, Kalea Hall and David Shepardson DETROIT, March 5 (Reuters) - U.S. President Dona...Reuters
Wed, Mar 5
Commodities
Canada could use oil and gas exports as a lever if tariffs escalate, says minister
OTTAWA, March 5 (Reuters) - Canada could potentially use oil and gas exports as a lever in negotiations if U.S. tariffs on Canadian imports escalate, Foreign Minister Melanie Joly told a Toronto business audience on Wednesday.Reuters
Wed, Mar 5
Other
Ex-criminal defense lawyer for Trump joins law firm in Washington
By David Thomas March 5 (Reuters) - Evan Corcoran, who defended Donald Trump in two high-profile criminal prosecutions that were dismissed after Trump won the U.S. presidential election, has joined U.S. law and lobbying firm Brownstein Hyatt Farber Schreck in Washington, the firm said Wednesday.C...Reuters
Wed, Mar 5
Other
US communications agency to explore alternatives to GPS systems
By David Shepardson WASHINGTON, March 5 (Reuters) - The U.S. Federal Communications Commission said on Wednesday it plans to vote next month to explore alternatives to GPS after national security concerns have been raised about relying on a single system crucial to modern life.GPS, short for glob...Reuters
Wed, Mar 5
Stocks
Zscaler rises after upbeat annual results forecast
** Shares of cloud security firm Zscaler ZS.O rise 6.2% to $208.7 in extended trading** ZS forecasts FY25 revenue between $2.64 billion and $2.654 billion, above analysts' estimates of $2.64 billion, according to data compiled by LSEG ** Sees annual adj. EPS between $3.04 and $3.09, compared wit...Reuters
Wed, Mar 5
Commodities
CBOT wheat rebounds after contract lows, tariffs still in spotlight
CHICAGO, March 5 (Reuters) - Chicago Board of Trade wheat futures closed higher on Wednesday after a seven-session skid, supported by bargain buying and hopes that U.S. tariffs against Canada and Mexico may be reduced, traders said.CBOT May soft red winter wheat WK25 settled up 11-1/2 cents at $5.48...Reuters
Wed, Mar 5
Stocks
LIVE MARKETS-Psych! Wall St rallies as tariffs, implemented yesterday, are eased on day two
All three major U.S. stock advance >1% on the dayMaterials lead S&P 500 sector gainers; Energy weakest groupDollar down >1%; crude off ~3%; gold ~flat; bitcoin up >3%US 10-Year Treasury yield rises to ~4.29% Welcome to the home for real-time coverage of markets brought to you by Reuters...Reuters
Wed, Mar 5
Stocks
US STOCKS-Wall Street ends higher as markets eye easing of trade tensions
CrowdStrike falls on bleak revenue forecastIntel drops after Trump's plans to kill chips subsidy lawUS service sector expands in February; price growth acceleratesIndexes up: Dow +1.14%, S&P 500 +1.12%, Nasdaq 1.46%By Johann M Cherian, Sukriti Gupta and Chibuike Oguh March 5 (Reuters) - W...Reuters
Wed, Mar 5
Commodities
Top EPA nominees face Senate scrutiny over plan to undo key climate finding
EPA nominees face questions over greenhouse gas emission rulesDemocrats want to know if EPA will kill key environmental rulingSenate set to vote on whether to repeal California waiver to set zero emission vehicle rulesBy Valerie Volcovici WASHINGTON, March 5 (Reuters) - Two Trump nominees to ...Reuters
Wed, Mar 5
Other
US FDA expands use of allergic reaction nasal spray in people between 15-30 kilograms
March 5 (Reuters) - The U.S. Food and Drug Administration approved the expanded use of ARS Pharmaceuticals' SPRY.O nasal spray for severe allergic reactions in patients who weigh between 15 to 30 kilograms, the company said on Wednesday.Reuters
Wed, Mar 5
Commodities
US Cash Crude-Coastal grades ease as market adjusts to Trump tariffs
March 5 (Reuters) - U.S. coastal grades eased on Wednesday, dealers said, as market participants backed down from some panic-induced buying after the U.S.-imposed tariffs on Mexico and Canada.Mars Sour WTC-MRS, which had surged during the previous session to as high as a $3.60 per barrel premium to ...Reuters
Wed, Mar 5
