Live China retaliates as Trump's massive tariffs kick in across the world. See the latest. Shenzhen - Delayed Quote • CNY BOE HC SemiTek Corporation (300323.SZ) Follow Compare 6.01 +0.17 +(2.91%) At close: 3:04:40 PM GMT+8 Related News Trump economy still has one key believer: Teens Teens appear to be staying upbeat on the economy despite a sliding stock market and slowing economic growth. Stock market today: Dow, S&P 500, Nasdaq futures slide as China strikes back against Trump's tariffs US stock futures sank as Wall Street girded for President Trump's massive tariffs. A diminished ‘Magnificent 7’ tests Big Tech’s role in the market: Morning Brief The tech giants can be defensive stocks in a trade war not because they are insulated but because they are enormous, cash-rich, and have sprawling businesses. Magnificent 7 tariff-fueled losses top $2 trillion The "Magnificent Seven" tech stocks enjoyed a short-lived rebound Tuesday before the group reversed course and ended the day in negative territory as impending reciprocal tariffs dragged the market lower. Apple looks to India, Micron adds surcharge: Trending Tickers Wealth host Brad Smith and Yahoo Finance Senior Reporter Alexandra Canal examine some of the day's top trending tickers. Apple (AAPL) is reportedly shifting sourcing to India due to US President Trump's tariffs on imports from China, according to reporting from the Wall Street Journal. Starting on Wednesday, Micron Technology (MU) will reportedly add a surcharge on some products to pass on rising costs to customers due to tariffs, Reuters reports. To watch more expert insights and analysis on the latest market action, check out more Wealth here. Stock futures rebound but bear market fears still linger US stock futures (ES=F, NQ=F, YM=F) are rising Tuesday morning after a volatile few days that resulted in a significant loss in global equities. Yahoo Finance Markets Reporter Josh Schafer joins Morning Brief to discuss the market's mixed reaction to trade tensions with China, earnings season, and potential bear market risks as companies adjust expectations. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. 5 Things to Know Before the Stock Market Opens News of the day for April 9, 2025 PC Shipments Grew Fastest in Four Years to Avoid Tariffs (Bloomberg) -- PC shipments grew at their fastest quarterly pace since the pandemic after companies from Apple Inc. to Dell Technologies Inc. hastened product deliveries around the world before tariffs hit.Laptops led the way as the entire spectrum of desktops, workstations and portable computers rose 9.4% to 62.7 million units in the first quarter, according to market tracker Canalys. It was the fastest increase for the industry since the spring of 2021, when Covid restrictions were driving dem Airlines’ Dreams of a Banner Year Are Over Just about everything is going wrong for U.S. airlines. Delta Air Lines on Wednesday ditched its full-year financial outlook and said it was too soon to say how things would play out. The mounting pessimism is an about-face for Delta, which predicted 2025 would be its best financial year ever. Walmart Reaffirms 1Q Sales Ahead of Tariffs Walmart reaffirmed its first-quarter sales guidance and widened its range for operating income growth to stay flexible on pricing as tariffs go into effect. Reeves seeks to reassure City as markets slide again over US tariffs A 10% tax on all UK exports to the US came into effect on Wednesday morning. Stock market slides again as Trump tariffs come into effect The Chancellor will meet her Indian counterpart later on Wednesday as she seeks trade deals with countries other than America. UK braced as more US tariffs kick in amid fears of widespread economic damage Countries across the world are braced for potential widespread economic damage from Donald Trump’s global tariffs. Dow, S&P 500 Futures Falling as Treasury Yields Surge U.S. stock futures were swinging between gains and losses early on Wednesday after President Donald Trump’s tariffs kicked in. Dow Jones Industrial Average futures were down 155 points, or 0.4%. S&P 500 futures were down less than 0.1% and Nasdaq 100 futures were rising 0.5%. Apple Supplier Luxshare to Maintain Vietnam Production Hub to Support U.S. Market Luxshare Precision Industry, a key assembler of the iPhone and other Apple products, said it will maintain large-scale production in Vietnam and continue exports from there to the U.S., responding to President Trump’s tariffs. US 30-year mortgage rate dropped last week, applications surged The average contract rate on a 30-year fixed-rate mortgage fell 9 basis points in the week ended April 4, the Mortgage Bankers Association said on Wednesday. Mortgage rates closely track the 10-year Treasury note yield, which ended last week at a six-month low as investors fearful of a tariff-induced recession fled to the safety of U.S. government bonds. Delta drops outlook for 2025 and says growth has stalled in trade war Delta Air Lines pulled its guidance for 2025 Wednesday as the trade war scrambles expectations for business and household spending and depresses bookings across the travel sector. “With broad economic uncertainty around global trade, growth has largely stalled," CEO Ed Bastian said in a statement on Wednesday. In the first quarter, Delta earned $240 million, or 37 cents per share. Walmart Showcases Business Strategy Focused on Driving Growth and Shareholder Value BENTONVILLE, Ark., April 09, 2025--Walmart (NYSE: WMT) is hosting its Investment Community Meeting where leadership is sharing its focus on driving growth and creating shareholder value. The meeting will highlight Walmart’s people-led, tech-powered omnichannel strategy, and why it is uniquely positioned to sustain attractive growth and create shareholder returns. Delta Air Lines Pulls Guidance on Trump Tariff Uncertainty. Why the Stock Is Rising. Delta Air Lines scraps its full-year guidance Wednesday and warns ‘growth has largely stalled’ amid global economic uncertainty. Walmart leaves annual forecasts unchanged amid Trump tariff woes DALLAS (Reuters) -Walmart is sticking to its full-year growth forecasts for sales and operating income, the retailer said on Wednesday, even as U.S. President Donald Trump's sweeping tariffs fuel economic uncertainty and dent consumer confidence. The retail behemoth had in February forecast sales for the fiscal year ending January 2026 to rise between 3% and 4%, and annual adjusted operating income to increase between 3.5% and 5.5%. Walmart, which is the biggest U.S. importer, is at the risk of taking a hit from Trump's slew of tariffs, mainly on Asian countries that supply everything from clothing to toys to the retailer. Performance Overview Trailing total returns as of 4/9/2025, which may include dividends or other distributions. Benchmark is SSE Composite Index (000001.SS) Return 300323.SZ SSE Composite Index (000001.SS) YTD -27.42% -4.92% 1-Year +23.41% +4.54% 3-Year -20.71% -2.00%