BREAKING China strikes back, hikes US tariff rate to 125% Copenhagen - Free Realtime Quote • DKK Conferize A/S (CONFRZ.CO) Follow Compare 0.0180 -0.0010 (-5.26%) As of 9:52:16 AM GMT+2. Market Open. Related News JPMorgan earnings provide first look at Wall Street tariff turmoil When JPMorgan Chase reports first quarter results Friday, investors will be more focused on the future as they listen for any clues about how President Trump’s tariffs may scramble the outlook for the bank and its customers. Gold hits a new record as investors seek safe havens Gold hovers near another record as tariff turmoil continues to consume the market. Trending tickers: Nvidia, Tesla, Ford, Intel and BP The latest investor updates on stocks that are trending on Friday. Dollar Extends Slump as China Hits Back on Tariffs: Markets Wrap (Bloomberg) -- The dollar extended losses after its biggest plunge in three years as China raised tariffs on all US goods, the latest salvo in the trade war that’s whipsawed markets this week.Most Read from BloombergMidtown Office Building Evacuated on Concerns of Wall CollapseIn Chicago, a Former Steel Mill Looks to Make a Quantum LeapThe Secret Formula for Faster TrainsNYC Tourist Helicopter Crashes in Hudson River, Killing SixInside the Quiet, Extravagant Expansion of the Frick CollectionUS s Gold prices soar to fresh high amid Trump tariff turmoil Gold prices jumped to fresh highs on Friday, as trade tensions escalated between the US and China. Bond Analysts Debate If China Had Role in Treasuries Swings (Bloomberg) -- After a week of wild swings in the US bond market, China’s holdings of Treasuries are increasingly under scrutiny from analysts around the world.Most Read from BloombergMidtown Office Building Evacuated on Concerns of Wall CollapseIn Chicago, a Former Steel Mill Looks to Make a Quantum LeapThe Secret Formula for Faster TrainsNYC Tourist Helicopter Crashes in Hudson River, Killing SixInside the Quiet, Extravagant Expansion of the Frick CollectionSome have gone as far as suggesting France’s Macron Says Tariffs Pause ‘Remains Fragile’ The partial suspension of U.S. tariffs “remains fragile,” and the European Union must continue to prepare counter-measures to defend itself, French President Emmanuel Macron said Friday. While the pause opens a door for talks, Macron said in a post on X, it also continues “uncertainty for businesses on both sides of the Atlantic” and leaves intact the 25% tariffs on steel and cars, and 10% tariffs on other goods. UK economy grows by 0.5% in February The figures come as chancellor Rachel Reeves contends with impact of Trump tariffs. 10 homes with glorious spring gardens From immaculate terraces and courtyards to lush rolling acres, these properties will make you want to put down roots. Lifetime ISA is still best bet for first-time buyers, says Moneybox exec Moneybox’s Brian Byrnes tells Yahoo Finance UK that the Lifetime ISA remains one of the most effective tools for boosting savings. Yen Strengthens Amid Growing U.S. Recession Fears The announced 90-day pause on all of the April 2 tariffs announcements beyond the 10% baseline rate excluding on China has “done little to alleviate concerns the U.S. may be heading into recession,” Ray Attrill of National Australia Bank said. The yen was up 1.2% at 142.69 to the dollar in recent trading. “Amid the return of risk-off sentiment, support for the USD [U.S. dollar] is nowhere to be seen,” the head of FX Research added. QQQ Pulls In $1.9 Billion of New Money During Historic Rally The Invesco QQQ Trust (QQQ) attracted $1.9 billion. Here are the daily ETF fund flows for April 9, 2025. Why Summit Therapeutics Rallied Double Digits Today on Another Down day for the Markets Shares of lung cancer-focused biotech Summit Therapeutics (NASDAQ: SMMT) rallied 16.6% at its highs of the day before settling into a 10.4% gain on Thursday as of 3:54 p.m. EDT, even though the broader markets were down significantly on the day at that time, including the SPDR S&P Biotech ETF (NYSEMKT: XBI), which was down 4.4%. The interesting news for Summit was that two insiders exercised warrants on Summit's stock yesterday, which most interpreted as being highly bullish. What is notable is that the Co-CEOs exercised these warrants, forcing them to buy $6.3 million worth of shares, about four and a half years before the warrants' expiration in December of 2029. JPMorgan, Wells Fargo and Morgan Stanley set to post lower than expected Q1 results on Friday amid tariff chaos Analysts cut estimates, citing tariffs and stock market jitters Why Bank Stocks JPMorgan Chase, Bank of America, and Wells Fargo Are Falling Ahead of Earnings After a rip-roaring rally yesterday, stocks resumed their sell-off today, as unrest about tariffs and U.S.-Chinese relations once again found the spotlight. Shares of JPMorgan Chase (NYSE: JPM) traded roughly 4% lower. Shares of Bank of America (NYSE: BAC) and Wells Fargo (NYSE: WFC) had fallen roughly 4.6% and 5.7%, respectively. Canadian Officials Said to Plan Meeting With US Banks After Trump Complaints (Bloomberg) -- The Canadian government has invited representatives from US banks including JPMorgan Chase & Co. for a meeting, according to people with knowledge of the matter, after US President Donald Trump complained that American banks have trouble doing business in Canada.Most Read from BloombergMidtown Office Building Evacuated on Concerns of Wall CollapseIn Chicago, a Former Steel Mill Looks to Make a Quantum LeapThe Secret Formula for Faster TrainsHelicopter Crashes Into Hudson River Wit Will Charles River (CRL) Beat Estimates Again in Its Next Earnings Report? Charles River (CRL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. Alm. Brand A/S – Results of the annual general meeting held on 10 April 2025 The annual general meeting of Alm. Brand A/S was held today. The general meeting was conducted in accordance with the agenda and the complete proposals submitted by the Board of Directors. The annual report for 2024 was approved, and discharge was granted to the Board of Directors and the Executive Management. The shareholders adopted the proposal submitted by the Board of Directors that a dividend of DKK 0.60 per share be paid in respect of 2024 for a total dividend payout of DKK 904 million. T EU to Pause Retaliatory Tariffs The European Union will suspend its first wave of retaliatory duties against the U.S. for 90 days to focus on negotiations, after the Trump administration paused some global tariffs, a top EU official said. JPMorgan, Wells Fargo, BlackRock To Report; Analyst Warns On Banks Morgan Stanley cuts outlook on banks, BofA expects caution from JPMorgan, Wells Fargo, BlackRock earnings due Friday. Performance Overview Trailing total returns as of 4/11/2025, which may include dividends or other distributions. Benchmark is OMX Copenhagen 25 Index (^OMXC25) Return CONFRZ.CO OMX Copenhagen 25 Index (^OMXC25) YTD +200.00% 0.00% 1-Year -16.28% -21.60% 3-Year -86.15% -15.38%