Commodities, Business & Shipping (and Tariffs)

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No one expected LEGO to refute Trump’s latest tariff threats: “Not what keeps me awake at night”​

Earlier this year, US President Donald Trump threatened to impose steep tariffs if Denmark did not allow the US to acquire ownership of Greenland, an autonomous territory in the Arctic Circle that is part of the Kingdom of Denmark. Furthermore, the US president stated a few days ago that he intended to impose a blanket 25 percent tariff on all products manufactured in the European Union. These economic and retaliatory measures could lower the prices of some US-made products, potentially impacting companies like Lego.

More:

https://www.msn.com/en-us/money/com...S&cvid=e6f9a22b274a45c89ef0c945abc222e9&ei=12
 

Stocks tumble on Thursday, pushing the S&P 500 into a 10% correction: Live updates​

Stocks fell on Thursday, with equities unable to shake a three-week market rout under the weight of new tariff threats from President Donald Trump.

The S&P 500 dropped about 1.4%, bringing its losses from its record close in February to 10%. If the benchmark closes at these levels, it will be an official market correction, according to Wall Street. The Dow Jones Industrial Average fell 590 points, or 1.4%, its fourth day of declines putting it below the 41,000 level. The Nasdaq Composite shed 1.9% with shares like Tesla and Apple lower.

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BlackRock Becomes a Power Player in Global Shipping—With Help From Trump​

World leaders rolled their eyes when President Trump kicked off his second term by threatening to take back the Panama Canal. Yet within weeks a massive sale put the waterway’s biggest ports and dozens of others in American hands—reshaping the global shipping business.

BlackRock, the world’s largest asset manager, last week said it was leading a consortium that would pay $22.8 billion to buy more than 40 ports around the world, including crucial berths on either end of the Panama Canal, from Hong Kong-based CK Hutchison, controlled by one of Asia’s richest men.

More:

https://www.msn.com/en-ie/money/mar...-help-from-trump/ar-AA1AEDth?ocid=socialshare
 

 

Stock futures bounce after S&P 500 closes in correction territory: Live updates​

Stock futures rose Friday following a losing session that dragged the S&P 500 into correction territory.

Futures tied to the S&P 500 added 0.8%, while Nasdaq-100 futures advanced 1%. Dow Jones Industrial Average futures gained 213 points, or 0.5%.

Sentiment on Wall Street got a boost Friday as it appeared a government shutdown would be avoided. Senate minority leader Chuck Schumer, D-N.Y., said he wouldn’t block a Republican government funding bill.

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Wall Street Breakfast Podcast: BC Unplugs Tesla From Charger Rebates​

Summary

  • British Columbia excludes Tesla chargers and batteries from rebates, favoring Canadian goods.
  • Ulta Beauty's Q4 results beat expectations, but conservative FY25 guidance disappoints, leading to mixed investor reactions.
  • Li Auto's Q4 EPS beats estimates, but revenue misses by $60M; Q1 outlook shows a decrease in revenue expectations.
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