NEW YORK (AP) — U.S. stocks on Thursday are giving back a chunk of their historic gains from the day before as Wall Street weighs a global trade war that has cooled in temperature but is still threatening the economy.
The S&P 500 was down 3.2% in midday trading,
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U.S. egg prices increased in March to reach a record high of $6.23 per dozen, even with a drop in wholesale prices and no egg farms having bird flu outbreaks.
Agriculture Secretary Brooke Rollins on Thursday suggested the rise in egg prices will be temporary,
» Read more about: The Latest: S&P 500 falls 2% at the open despite Trump’s tariff pause »
US markets dropped sharply on Thursday morning, reversing some of the major gains made just a day earlier, as worries about the ongoing global trade war continued to trouble investors, Associated Press (AP) reported.
The S&P 500 opened 2.3% lower, following its historic 9.5% surge on Wednesday — its third-best day since 1940 — after President Donald Trump announced a pause on many tariffs around the world.
» Read more about: S&P 500 drops 2.3% as trade war fears offset positive inflation report »
US stocks dropped sharply on Thursday, reversing some of their record-setting gains from the prior session as investors factored in the re-escalation of trade tensions between Washington and Beijing. The S&P 500 tumbled 2.9%, the Nasdaq Composite slid 3.5%, and the Dow Jones Industrial Average plunged nearly 1,000 points, or 2.2%,
The US stock market, fresh off its third-best day in modern history, is sinking back into reality: Although President Donald Trump paused most of his “reciprocal” tariffs, his other massive import taxes have already inflicted significant damage,
» Read more about: US stocks tumble again as reality sets back in on Wall Street »
Nvidia (NVDA) saw its stock soar 18.7% in a single day, making it the top performer among tech companies on April 9, 2025. The surge added $439.9 billion to its market cap, setting a new record for the biggest one-day gain in company value. This spike came after former President Trump announced a 90-day tariff pause,
» Read more about: Nvidia Stock Climbs After Tariff Pause and Export Ban Lift »
Paying taxes might not be the most exciting part of retirement,
» Read more about: 6 Reasons To Pay Your Taxes While on Social Security as Early as Possible »
In the wake of the Trump administration and DOGE’s attempts to overhaul the Social Security Administration, complaints are flooding in from senior citizens and other benefit recipients.
The Los Angeles Times reports that one woman who called remained on hold for two hours before being disconnected.
When she called again,
» Read more about: Seniors struggle with Social Security ‘shambles’ as admin admits it can ‘suck’ »
Delta (DAL) and Walmart (WMT) on Wednesday started what is sure to be a lengthy period of companies cutting or withdrawing their forecasts as a result of tariff uncertainty.
But cutting guidance so an executive team can buy itself time to figure out what constitutes success for its business under this new tariff regime is only one way companies will use these events for cover.
