Live Trump raises rate on China to 125%, pauses 'reciprocal' tariffs on other countries OTC Markets OTCPK - Delayed Quote • USD BlueRiver Acquisition Corp. (BLUVF) Follow Compare 9.92 0.00 (0.00%) As of April 8 at 4:00:00 PM EDT. Market Open. Related News Stock market today: Dow, S&P 500, Nasdaq soar as Trump announces '90 day pause' on tariffs for most countries, ups levies on China US stocks were traded on both sides of the flat line in another volatile session as Wall Street girded for President Trump's massive tariffs. Chip stocks, small caps, 10-year Treasury: Market Minute Julie Hyman takes a closer look at the stock market rally as part of today's Market Minute after US President Trump announced a 90-day pause to tariffs, excluding China. Chip stocks like Nvidia (NVDA), Broadcom (AVGO), and Advanced Micro Devices (AMD) rally following news of the tariff pause. Small-cap stocks (^RUT) are also jumping on the tariff delay. The 10-year Treasury yield (^TNX) is on the rise but pulled back from highs. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. The trade war prompted Delta to pull its guidance. One analyst warns more companies could follow. Michael Kantrowitz, Piper Sandler's chief investment officer, said more companies are likely to revise their guidance amid tariff uncertainty or even pull it altogether. Delta, Walmart, pharmaceutical stocks: Market Minute Catalysts host Madison Mills goes over some of the top stories of the day on this segment of Market Minute. Delta Air Lines (DAL) cut its full-year guidance as uncertainty around tariffs weighs on bookings. Walmart (WMT) walks back its first quarter profit guidance, citing tariff risks. Pharmaceutical stocks, including Pfizer (PFE), Novo Nordisk (NVO), and Eli Lilly (LLY), are under pressure after President Trump announced that there may be pharmaceutical tariffs underway. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. Delta withdraws full-year outlook, other airlines 'will hurt' too Delta's (DAL) recent earnings report wasn't as shaky as expected, showing positive yields in the domestic and Atlantic markets. Bloomberg Intelligence senior aerospace defense and airlines industry analyst George Ferguson joins Morning Brief to break down how the ongoing tariff disruptions and shifting consumer behaviors could affect airlines. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Why a total market rebound is 'very unlikely' Market participants are hoping for a shift in the current tariff situation, with many seeking a resolution or deal to ease the uncertainty. Piper Sandler chief investment strategist Michael Kantrowitz joins Morning Brief to discuss how the market (^GSPC, ^IXIC, ^DJI) is largely driven by policy rather than economic data right now, and why a quick resolution of the tariffs is unlikely and will lead to continued volatility. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. US stocks fall, 104% tariffs on China, Delta outlook: 3 things Investors gear up for another volatile trading day fueled by tariffs from US President Trump. US stock futures (ES=F, NQ=F, YM=F) are in the red ahead of the opening bell. Trump's 104% tariffs on imports from China take effect. China has retaliated with an 84% tariff rate on all imports from the US, effective on Thursday. Delta Air Lines (DAL) pulled its full-year outlook, citing uncertainty fueled by the global trade war, while Walmart (WMT) is maintaining its forecast for the year. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Robotics market is looking at the 'dawn of a new supercycle' The stock market (^GSPC, ^IXIC, ^DJI) is struggling to maintain gains as fears over tariff risks linger. VettaFi senior research analyst Zeno Mercer joins Market Domination to discuss the potential of robotics in the face of these geopolitical challenges and how investors can navigate the sector. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Delta stock pops after earnings beat, 'murky' outlook amid tariff uncertainty Delta Air Lines delivered a beat on earnings per share while revenues missed analyst expectations as elements from a "slower-growth" Q1 clouded the airline's full-year guidance. China tariffs, Delta earnings, Fed commentary: What to Watch Market Domination Overtime host Josh Lipton examines what Wall Street will be watching on Wednesday, April 9. US President Trump's 104% tariffs on imports from China are set to take effect at midnight. Delta Air (DAL) will report first quarter earnings before the opening bell, and Constellation Brands (STZ) will announce earnings results after market close. Richmond Federal Reserve president Tom Barkin will speak, offering fresh commentary from the central bank. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. 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. McDonald's, Starbucks, and other US chains could face anti-American pushback, Wall Street fears Store expansion and a comeback of the China market is the hope; tariff backlash could shutter that. Bond market swings: Uncertainty amid tariffs & rising yields Markets (^GSPC, ^IXIC, ^DJI) have been on a wild ride recently, with long-term Treasury yields (^TYX, ^TNX, ^FVX) experiencing strange movements. Yahoo Finance Senior Reporter Alexandra Canal and Fundstrat Global Advisors managing director Mark Newton join Market Domination to dig deeper. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Why XRP (Ripple) Is Skyrocketing Today The crypto token XRP (CRYPTO: XRP) is rebounding on Wednesday, gaining 12% as of 2:30 p.m. ET. The jump comes as the broader market shot up: The S&P 500 and Nasdaq Composite gained a whopping 8.6% and 10.9%, respectively. XRP jumped after President Donald Trump announced a 90-day reduction of all tariffs, with the notable exception of China. Tesla (TSLA) Holds Strong Despite Tariff Pressures as Wedbush Reiterates “Outperform” We recently published a list of 9 AI Stocks In Focus: Tariffs and Key Updates. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against other AI stocks in focus. President Donald Trump’s new tariff regimes have been introduced under the International Emergency Economic Powers Act. A 10% […] Microsoft (MSFT) Remains a Safe AI Haven Despite Macroeconomic Downgrade We recently published a list of 9 AI Stocks In Focus: Tariffs and Key Updates. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT)C stands against other AI stocks in focus. President Donald Trump’s new tariff regimes have been introduced under the International Emergency Economic Powers Act. A 10% […] Lucid (LCID) and American Airlines (AAL), Delta Air Lines (DAL), Ford (F), Rivian (RIVN) Shares Are Soaring, What You Need To Know A number of stocks jumped in the afternoon session after markets rallied sharply on news that President Trump announced a 90-day tariff pause. Reciprocal tariffs were also dropped to 10% for most countries, sparking renewed optimism amid ongoing trade talks. The major stock indices rose as investors, growing impatient of seemingly irrational tariff actions, welcomed the pause as a sign of a more measured path forward. Why Nvidia Stock Is Skyrocketing Today Nvidia (NASDAQ: NVDA) stock is soaring in Wednesday's trading. The company's share price was up 14.1% as of 2:10 p.m. ET amid a 7.8% rally for the S&P 500 index and a 10.1% jump for the Nasdaq Composite index. Nvidia's valuation is surging today after President Donald Trump announced a moderation on tariff policy and a 90-day postponement on tariffs. Walmart says tariffs are an opportunity to gain market share (Bloomberg) -- Walmart Inc. executives are confident that the world’s largest retailer will reach its financial targets this year, despite tariff turbulence that’s sparking uncertainty in the world economy. On Wednesday, Walmart said that it still sees net sales growing 3% to 4% this year. That forecast accounts for tariffs, unlike its previous outlook from February. The company, which has historically performed well in economic downturns, plans to keep prices low. This means it could take a sho Magnificent Seven Stocks Surge: Apple, Nvidia, Tesla Soar Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2024 with solid gains. Through the first three months of 2025, however, performance for these mega-cap stocks has been negative thus far. Performance Overview Trailing total returns as of 4/9/2025, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) Return BLUVF S&P 500 (^GSPC) YTD -4.34% -8.30% 1-Year -8.32% +3.52% 3-Year +0.51% +20.17%