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GLOBAL MARKETS-US stocks fall 3%, dollar slides; Trump's attacks on Fed chair worry investors
US stocks down 3% in afternoon amid Trump attacks on PowellUS dollar index falls to 3-year low Safe-haven gold and Swiss franc surgeEuropean markets closed for Easter MondayBy Caroline Valetkevitch NEW YORK, April 21 (Reuters) - Major U.S. stock indexes were down more than 3% each and the dollar ...Reuters
Apr 21, 2025
Commodities
GRAINS-Chicago soybeans pressured as Trump attacks Federal Reserve chair
Soybeans, wheat fall alongside stock market, other commoditiesMidwest weather delays planting in some areasCorn supported by demandBy Renee Hickman CHICAGO, April 21 (Reuters) - Chicago soybeans fell on Monday after an overnight rally with the mood in outside markets souring as U.S. President Don...Reuters
Apr 21, 2025
Stocks
U.S. STOCKS ON THE MOVE-Oil stocks, Uber, CoreWeave
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stocks suffered steep losses on Monday as U.S. President Donald Trump ramped up his attacks on Federal Reserve Chair Jerome Powell, prompting investors to worry about the central bank&#...Reuters
Apr 21, 2025
Stocks
US STOCKS-Wall St tumbles as Trump ramps up tirade against Fed's Powell
Indexes down: Dow 3.19%, S&P 500 3.27%, Nasdaq 3.48%Dow slides over 1,000 points Netflix gains after upbeat revenue forecastTesla slips after report of delay in Model Y launch FIS jumps after brokerage upgrade By Stephen Culp NEW YORK, April 21 (Reuters) - U.S. stocks suffered steep losses on...Reuters
Apr 21, 2025
Stocks
Nvidia Has Now Lost More Than $1.3 Trillion in Market Cap. Is It Finally Time to Buy the Stock?
If investors had to choose just one company that exemplifies both the opportunities and risks associated with recent advances in artificial intelligence (AI), Nvidia (NASDAQ: NVDA) would be a logical choice. The company's graphics processing units (GPUs) have been the linchpin that powered the AI re...The Motley Fool
Apr 21, 2025
Other
QUOTES-Reactions to the death of Pope Francis
VATICAN CITY, April 21 (Reuters) - Pope Francis, the first Latin American leader of the Roman Catholic Church, died on Monday. He was 88, and had suffered a serious bout of double pneumonia. Following are reactions to his death: U.S. PRESIDENT DONALD TRUMP"He was a good man, worked hard...Reuters
Apr 21, 2025
Cryptocurrencies
Stocks and bonds set to crash if and when Trump makes a move against Fed’s Jerome Powell
Trump has made it clear that he is considering firing Jerome Powell. However, one of the vice chairs of Evercore ISI, Krishna Guha, has warned that stocks and bonds would likely drop sharply if President Trump tried to fire the Fed’s Chair. It almost seems like the markets are on Powell’s side. Soon after Trump […]Cryptopolitan
Apr 21, 2025
Other
What to Watch in the Day Ahead - Tuesday, April 22
Tesla is expected to report a drop in profit margin and earnings in the first quarter after deliveries tumbled and the automaker missed estimates in the January-March period. Investors are awaiting further details on the more affordable model that some expect could drive sales this year. However, Wa...Reuters
Apr 21, 2025
Cryptocurrencies
Ethereum Price Eyes $2,700 As Wyckoff Accumulation Nears Completion
Crypto analyst Incognito has predicted that the Ethereum price could soon rally to as high as $2,700. This bullish prediction comes despite ETH’s underperformance so far, with the altcoin’s market share already dropping to new lows. Ethereum Price Could Rally To $2,700 As Wyckoff Accumulation Nears ...NewsBTC
Apr 21, 2025
Cryptocurrencies
Cardano (ADA) Targets Top 5 as Upcoming Challenger Eyes Turning $1200 Into $128,500
Cardano (ADA), currently trading at around $0.62, has long been a favorite among crypto investors, with hopes of reaching the top 5 cryptocurrencies in the near future. As the project targets new highs with potential projections of $5 in 2025, there’s a new challenger on the block, Mutuum Finance (MUTM). The altcoin MUTM presale is […]Cryptopolitan
Apr 21, 2025
Stocks
Why Credit Card Stocks Are So Volatile Today
Capital One Financial's (NYSE: COF) planned acquisition of Discover Financial Services (NYSE: DFS) has received regulatory approval, and investors are breathing a sigh of relief.Shares of Discover opened up 7% and Capital One up 5%, before retreating with the broader market to up 2% and 1% as of 11:...The Motley Fool
Apr 21, 2025
Stocks
Morgan Stanley cuts Warner Music Group rating on 'more balanced risk/reward'
Investing.com -- Morgan Stanley downgraded Warner Music Group (NASDAQ:WMG) shares to Equal-weight from Overweight and cut its price target to $32 from $37 in a note to clients on Monday. The bankInvesting.com
Apr 21, 2025
Other
U.S. RESEARCH ROUNDUP-Lowe's, Netflix, Vulcan Materials
April 21 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Lowe's Companies, Netflix and Vulcan Materials, on Monday. HIGHLIGHTS * Alnylam Pharmaceuticals Inc ALNY.O: Jefferies raises target price to $329 ...Reuters
Apr 21, 2025
Other
CORRECTED-Chevron announces first oil at Ballymore project in US Gulf
Ballymore project to produce up to 75,000 bopdChevron aims for 300,000 boepd in Gulf by 2026Ballymore is Chevron's first project in Norphlet formationBy Sheila Dang HOUSTON, April 21 (Reuters) - Chevron CVX.N has started oil and gas production from a project in the U.S. Gulf of Mexico, the oi...Reuters
Apr 21, 2025
Stocks
Why Plug Power, Oklo, Constellation Energy, and Nano Nuclear Energy Stocks Slumped Today
Nuclear power stocks opened the post-holiday week broadly lower on Monday, with shares of Oklo (NYSE: OKLO) falling 6.3% through 10:45 a.m. ET, Constellation Energy (NASDAQ: CEG) down 6.5%, and Nano Nuclear Energy (NASDAQ: NNE) faring worst of all -- down 10.8%. Hydrogen power stocks are also suffer...The Motley Fool
Apr 21, 2025
Other
Shopify must face data privacy lawsuit in US
By Jonathan StempelApril 21 (Reuters) - A U.S. appeals court on Monday revived a proposed data privacy class action against Shopify SHOP.TO, in a decision that could make it easier for American courts to assert jurisdiction over internet-based platforms.In a 10-1 decision, the 9th U.S. Circuit Court...Reuters
Apr 21, 2025
Stocks
Why Broadcom Stock Is Tumbling Today
Shares of Broadcom (NASDAQ: AVGO), a semiconductor designer, are falling Monday as investors grow increasingly concerned about President Donald Trump's tariffs and economic decisions.On Monday, Trump again called on Federal Reserve Chairman Jerome Powell to lower interest rates. The Fed operates ind...The Motley Fool
Apr 21, 2025
Other
US Supreme Court grapples with Obamacare preventive care case
Case is latest Obamacare challenge to reach Supreme CourtIt involves US Preventive Services Task Force appointmentsBy John Kruzel, Andrew Chung WASHINGTON, April 21 (Reuters) - The U.S. Supreme Court on Monday considered the legality of a provision of the Obamacare law, formally called the Afford...Reuters
Apr 21, 2025
Other
Ascend Performance Materials Initiates Chapter 11 Cases In U.S. Bankruptcy Court
April 21 (Reuters) - Ascend Performance Materials: ASCEND PERFORMANCE MATERIALS: INITIATED CHAPTER 11 CASES IN U.S. BANKRUPTCY COURTASCEND PERFORMANCE MATERIALS: GOT COMMITMENT FOR $250 MILLION IN DEBTOR-IN-POSSESSION FINANCING FROM ITS LENDERSASCEND PERFORMANCE MATERIALS: AIMS TO COMPLETE CHAPTER 1...Reuters
Apr 21, 2025
Commodities
INSIGHT-As Trump eyes coal revival, his job cuts hobble black lung protections for miners
Layoffs halt black lung protection programs for minersNIOSH and MSHA programs suspended amid Trump administration cutsMiners face increased risk as safety regulations enforcement weakensBy Valerie Volcovici OAK HILL, West Virginia, April 21 (Reuters) - Josh Cochran worked deep in the coal mines o...Reuters
Apr 21, 2025
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