Good MorningEquity markets plunged on Thursday in response to President Trump’s April 2 tariff announcement. The news sent fear rippling through the market, and the S&P was down about 5% for the day. The move extended the Q1 sell-off into Q2, and it is nearing bear market territory. The question now is whether the market can regain its footing and hold the line at critical support targets or if an even deeper and longer-lasting stock sell-off is at hand.
Meanwhile, dividend stocks are advancing. Names in the consumer staples sector, specifically, advanced by 1.5% to 10%, led by the 10% advance in Lamb Weston. LW shares are up on a better-than-expected earnings report and guidance indicating growth and margin strength. Its market has confirmed support at a long-term low and critical target and may foreshadow a bottom in the broader market. Aside from today's NFP labor market report, the next major catalyst for stocks is next Friday, when the big banks start to report earnings for Q1. Featured: Trump Just Gave the Green Light to Rewrite Social Security? (Ad) 
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Markets | | | Wall Street’s worst crisis since COVID slammed into a higher gear Friday. The S&P 500 lost 6% after China matched President Donald Trump’s big raise in tariffs announced earlier this week. The move increased the stakes in a trade war that could end with a recession that hurts everyone. Not eve... Read the Full Story |
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From Our PartnersREVEALED: $194 Trillion Trump Market Pattern
Trump fires off a tweet and stocks tank…
He gives a speech and the markets soar…
Now, a new Trump executive order is set to set off a wave worth a potential $194 trillion in the markets.
And Wall Street insider Larry Benedict says it could hand investors who missed out on Trump’s first term a second chance. | | | Click here to discover this exciting new trading pattern. |
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The Charles Schwab Co. (NYSE: SCHW) has evolved and grown from a tiny retail discount stockbroker on Wall Street in the financial services sector that gained prominence for its flat commission trades in the early 1990s to a retail financial services powerhouse with $10.28 trillion in assets in 2... Read the Full Story |
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Markets | | | U.S. employers added a surprising 228,000 jobs last month, as the American labor market continues to show resilience as President Donald Trump wages trade wars, purges federal workers and deports immigrants working in the United States illegally Read the Full Story |
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Chinese tech company Baidu, Inc. (NASDAQ: BIDU) is often compared to Alphabet's Google (NASDAQ: GOOG) due to its dominant search engine in China. However, the company's stock performance has declined about 15% over the past year, even as it aggressively advances artificial intelligence (AI)... Read the Full Story |
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Markets | | | Mexico celebrated Thursday having dodged the latest round of tariffs from the White House taking aim at dozens of U.S. trading partners around the world, but was also quickly reminded that in a global economy the effects of uncertainty can’t be entirely avoided.President Claudia Sheinbaum said the f... Read the Full Story |
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From Our PartnersWhat If Washington Declared That:
YOUR Money ISN'T Actually Yours?
Sounds insane, but that's exactly what the Department of Justice just admitted in court—claiming cash isn't legally your property.
What does that mean? It means Washington thinks they can seize, freeze, or drain your accounts—whenever they want. | | | Get your free guide now by clicking here >> |
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As President Trump announces the latest round of trade tariffs on the so-called “Liberation Day” of the U.S. economy, some traders may be surprised to see longtime favorites fall from grace. Yet this reaction aligns with a market gripped by extreme uncertainty. One retail name, in part... Read the Full Story |
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Multiple large-cap stocks have recently announced substantial share buyback authorizations. With these announcements, three stocks are now among those that have a buyback capacity equal to 5% or more of their market capitalization.
This gives these firms significant ability to reduce their outsta... Read the Full Story |
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Markets | | | France’s wine producers are deeply concerned that the 20% tariff slapped by President Donald Trump will deal a severe blow to the sector that relies on the U.S. as its top market. French President Emmanuel Macron on Thursday warned of “massive” impact as he met with representatives of the most affec... Read the Full Story |
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Markets | | | Lebanon’s new central bank governor vowed Friday that the institution will fight money laundering and the financing of terrorism and will work independently away from political intervention.Karim Souaid, who was speaking after officially taking office in Beirut, added that he will work on restructur... Read the Full Story |
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The embattled EV maker Rivian Automotive (NASDAQ: RIVN) recently got some much-needed good news. Shares rose nearly 8% on Mar. 27 after President Trump announced big-time tariffs on foreign cars and components. This announcement came a week after a large downgrade by analysts at Piper Sandl... Read the Full Story |
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Friday's Early Bird Stock Of The Day SurgePays, Inc., together with its subsidiaries, operates as a financial technology and telecom company in the United States. It operates through three segments: Mobile Virtual Network Operators, Comprehensive Platform Services, and Lead Generation. The company offers subsidized and non-subsidized mobile virtual network operators for internet connectivity through mobile broadband services to consumers; ACH banking relationships and fintech transactions platform to convenience stores; wireless top-up transactions and wireless product aggregation; and lead generation and case management solutions primarily to law firms in the mass tort industry, as well as call center activities. SurgePays, Inc. is headquartered in Bartlett, Tennessee. | | View Today's Stock Pick |
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