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Stocks get clobbered as Trump's China trade war intensifies. See the latest.

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At close: April 9 at 3:29:27 PM GMT+5:30

Nike, Skechers, other US brands could face anti-American pushback in China due to Trump tariffs

Tariffs are now just one of many problems for retailers.

Yahoo Finance 18 minutes ago

RL

SKX

BIRK
New car market already shows signs of tariff impact

CarMax (KMX) reported earnings, offering investors insight into the state of the auto market. Autolist editor in chief David Undercoffler joins Wealth host Brad Smith to break down how the new and used car markets are reacting to tariffs. To watch more expert insights and analysis on the latest market action, check out more Wealth here.

Yahoo Finance Video 2 hours ago

KMX
CarMax, Nike, Lululemon, Prada to buy Versace: Market Minute

As part of today's Market Minute, Brad Smith examines the trending stories on Wall Street. CarMax (KMX) stock plunges after the company's fourth quarter results fell short of analyst expectations. Retail stocks like Nike (NKE) and Lululemon (LULU) fall on tariff risks. Prada (1913.HK) is set to buy Versace from Capri Holdings (CPRI) for nearly $1.4 billion. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.

Yahoo Finance Video 5 hours ago

LULU

NKE

CPRI
China's 84% tariffs, March CPI, Fed commentary: What to Watch

Here's what to watch on Thursday, April 10. China's 84% total tariffs on imports from the US are set to take effect tomorrow. The market will get fresh economic data with March's Consumer Price Index (CPI) to be released. There is lots of commentary from Federal Reserve officials coming on Thursday, including from Fed Governor Michelle Bowman. CarMax (KMX) is reporting earnings ahead of the opening bell. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

Yahoo Finance Video 22 hours ago

KMX
These Stocks Moved the Most Today: Nvidia, Apple, Tesla, GM, Microsoft, CarMax, U.S. Steel, Warner Bros., and More

Shares of Nvidia, Apple, and Tesla fall sharply Thursday after each stock soared double-digits Wednesday following President Donald Trump’s move to pause most reciprocal tariffs for 90 days. U.S. Steel, meanwhile, slumps after Trump says he wants the steel maker to remain an American company.

Barrons.com 42 minutes ago

AAPL

X

TSLA
S&P 500 Tumbles 3.5% After US-China Feud Heats Up: Markets Wrap

(Bloomberg) -- Economic angst enveloped every corner of Wall Street as US-China trade tensions escalate, sparking a slide in stocks, the dollar and oil, with liquidations in US assets pointing to disorder in the financial system.A day after the biggest stock-buying wave in years, assets tied to the economic cycle are sinking again, with President Donald Trump’s mollifying message on trade talks providing little relief. Investors are rushing to game out how the effective freezing of Chinese trade

Bloomberg 50 minutes ago

BMO

KMX

X
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.

Motley Fool 55 minutes ago

SMMT
Why CarMax (KMX) Shares Are Plunging Today

Shares of used automotive vehicle retailer Carmax (NYSE:KMX) fell 19.8% in the morning session after the company reported underwhelming Q1 2025 (fiscal Q4 2025) results. Its EBITDA missed significantly and its EPS fell short of Wall Street's estimates. More troubling, the company suspended its long-term growth guidance, citing macroeconomic uncertainty, a move that signaled management's reduced visibility and confidence in the future growth trajectory. Overall, this quarter could have been bette

StockStory 1 hour ago

KMX
Shuttle Pharma Developing Pretreatment Diagnostic Blood Tests for Prostate Cancer, Files Provisional Patent for PSMA Ligand Conjugates to Treat Prostate Cancer

Filing provisional patent application with the USPTO entitled “PSMA-Targeted PARP Inhibitor conjugates for Precision Cancer Therapy” key to advancement of Diagnostic and Therapeutic programs Dr. Alan Kozikowski, internationally acclaimed pioneer in the discovery of a critical PSMA targeting ligand for clinical applications is co-inventor Theranostic molecule designed to preferentially target prostate cancer cells to the effects of radiation and chemotherapeutic agents GAITHERSBURG, Md., April 10

GlobeNewswire 1 hour ago

SHPH
These Stocks are Leading Losses Today

Some of the biggest winners from yesterday’s rally have erased much of those gains today. Delta Air Lines logged a 23% gain yesterday. Today, shares have fallen more than 9%. Warner Bros. Discovery rose 20% Wednesday and has dropped roughly 13% in today’s trading.

The Wall Street Journal 2 hours ago

KMX

WBD

MCHP
Novavax shares tumble after U.S. health secretary raises concerns over COVID shot's efficacy

(Reuters) -Vaccine maker Novavax's shares plunged nearly 20% at market close on Thursday, after Health and Human Services Secretary Robert F. Kennedy Jr. raised concerns about the company's COVID-19 vaccine in an interview with CBS News. The U.S. Food and Drug Administration, an agency that is part of the HHS, missed its deadline last week for deciding on the traditional approval of the vaccine. When asked if the delay resulted from "personnel being shuffled" at the FDA, Kennedy attributed it to the vaccine's composition.

Reuters 2 hours ago

NVAX
These 5 Stocks Crashed as Tariff Reality Hits the Market

The market's wild recovery on Wednesday afternoon was driven by President Donald Trump temporarily pausing tariff increases on countries all around the world, except China. A 10% blanket tariff will still be in place, but the bigger tariffs that were expected to hit countries like Vietnam, Cambodia, and Indonesia, where many shoes and kids toys are made, will be in place. What seems to have been forgotten in that bounce was that tariffs are still higher than they were at the start of the year and the tariff on imports from China would be an astounding 145%.

Motley Fool 2 hours ago

NKE
CarMax Stock Sinks After Earnings. Tariffs Could Drive Used Car Prices Higher, CEO Says.

Shares of CarMax sank Thursday after the used-car dealer reported fiscal-fourth-quarter earnings that missed expectations and management sounded the alarm about the looming impact of auto tariffs. The tariff will expand to imported car parts starting May 3, making it more expensive to assemble vehicles in the United States. “I think it will it will push some folks into looking at used cars, late model used cars, which is interesting because that’s what we’re seeing a lot of interest in right now,” CarMax CEO William Nash said Thursday.

Barrons.com 2 hours ago

KMX
Sector Update: Health Care Stocks Drop Thursday Afternoon

Health care stocks were falling Thursday afternoon, with the NYSE Health Care Index shedding 4.4% an

PREMIUM
MT Newswires 3 hours ago

NVAX

KTTAW
CarMax is the latest company to nix long-term growth targets on earnings call: ‘Why put a target out there?’

The company points to the "potential impact of broader macro factors."

Fortune 3 hours ago

KMX
Used car stocks crash as demand flags and Goldman Sachs slashes autos outlook

The U.S. auto sector is taking a beating.

Quartz 3 hours ago

KMX
Hedge Fund Veteran Set to Lead Trump’s Sanctions Strategy

(Bloomberg) -- A low-profile hedge fund executive who’s among the dozens of disciples tracing their roots to the late investing legend Julian Robertson is poised to become the face of the Trump administration’s sanctions strategy.If confirmed after his Senate confirmation hearing on Thursday, John Hurley will lead the Treasury Department’s terrorism and financial intelligence arm, a pivotal post that tackles everything from terrorist financing to money laundering and drug cartels. The role, whic

Bloomberg 4 hours ago

MSFT

NVDA

AAPL
CarMax’s Share Buybacks Turned Lemonade Into Lemons: Heard on the Street

Timing the market amid the recent tariff-fueled volatility is hard even for stock pickers buying shares of the companies they know best—themselves. A case in point: CarMax, the used-car dealer, which today announced quarterly earnings that missed analysts’ estimates. CarMax said it repurchased 1.2 million shares of common stock for $98.5 million, or about $82 a share, last quarter.

The Wall Street Journal 4 hours ago

KMX
Carmax Stock Heads for Worst Day Since 2022

CarMax shares slid after the used-car retailer missed earnings expectations and said it could no longer give a time frame for financial goals it has been working toward for years. Shares sank about 20% as of about midday Thursday, on pace for their biggest one-day drop since September 2022.

The Wall Street Journal 5 hours ago

CVNA

AN

KMX
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.

Zacks 5 hours ago

CRL

Performance Overview

Return	KECL.BO	S&P BSE SENSEX (^BSESN)
YTD	-27.57%	-5.49%
1-Year	+10.28%	-1.12%
3-Year	+358.20%	+24.22%

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Related News

Nike, Skechers, other US brands could face anti-American pushback in China due to Trump tariffs

New car market already shows signs of tariff impact

CarMax, Nike, Lululemon, Prada to buy Versace: Market Minute

China's 84% tariffs, March CPI, Fed commentary: What to Watch

These Stocks Moved the Most Today: Nvidia, Apple, Tesla, GM, Microsoft, CarMax, U.S. Steel, Warner Bros., and More

S&P 500 Tumbles 3.5% After US-China Feud Heats Up: Markets Wrap

Why Summit Therapeutics Rallied Double Digits Today on Another Down day for the Markets

Why CarMax (KMX) Shares Are Plunging Today

Shuttle Pharma Developing Pretreatment Diagnostic Blood Tests for Prostate Cancer, Files Provisional Patent for PSMA Ligand Conjugates to Treat Prostate Cancer

These Stocks are Leading Losses Today

Novavax shares tumble after U.S. health secretary raises concerns over COVID shot's efficacy

These 5 Stocks Crashed as Tariff Reality Hits the Market

CarMax Stock Sinks After Earnings. Tariffs Could Drive Used Car Prices Higher, CEO Says.

Sector Update: Health Care Stocks Drop Thursday Afternoon

CarMax is the latest company to nix long-term growth targets on earnings call: ‘Why put a target out there?’

Used car stocks crash as demand flags and Goldman Sachs slashes autos outlook

Hedge Fund Veteran Set to Lead Trump’s Sanctions Strategy

CarMax’s Share Buybacks Turned Lemonade Into Lemons: Heard on the Street

Carmax Stock Heads for Worst Day Since 2022

Will Charles River (CRL) Beat Estimates Again in Its Next Earnings Report?

Performance Overview