The Daily

Donald Trump says he’s already decided the tariffs he will impose on countries that export goods to America, including the United Kingdom. He’ll announce the details Wednesday.

According to the White House, a few world leaders have been in touch hoping to negotiate. But many of them will now be deciding how hard they need to retaliate and what effect a trade war would have on the world economy.

 » Read more about: Trump tariffs: how will US plans reshape the global economy?  »

Wall Street keeps pushing up its already bullish calls on gold as the precious metal climbs to new highs.

Gold futures (GC=F) rose to $3,114 on Friday after hitting their 17th record of the year on Thursday. President Trump’s auto tariff announcement fueled trade war fears, while a weaker US dollar (DX-Y.NYB) also supported prices.

 » Read more about: Wall Street keeps upping its bullish calls on gold — here's why  »

The pain for Tesla investors may not be over, according to a Tuesday note from Wells Fargo.

For Wells Fargo analyst Colin Langan, there are a host of reasons Tesla stock should continue trending toward the bank’s $130 price target, which represents a potential downside of 53% from current levels.

 » Read more about: Wells Fargo sees 5 reasons investors should brace for Tesla stock to drop another 50%  »

In a report released today, Theresa Chen from Barclays maintained a Buy rating on Valero Energy (VLO – Research Report), with a price target of $140.00. The company’s shares closed yesterday at $132.07.

Don’t Miss Our End of Quarter Offers:

According to TipRanks,

 » Read more about: Valero Energy (VLO) Receives a Rating Update from a Top Analyst  »

Technology stocks are popular for a good reason. These companies qualify as solid growth stocks that can supercharge your portfolio and make you a millionaire. The key is to ensure you have the patience to hold on to your shares while tolerating heart-stopping volatility along the way. It’s also important you select stocks with the right attributes that can enable your portfolio to continue growing over the long term.

 » Read more about: 3 Top Tech Stocks That Could Make You a Millionaire  »

The rise in gold prices isn’t coming to an end anytime soon. That was the big takeaway in recent days as the price of gold rose to yet another new record,

 » Read more about: 3 smart gold investing moves to make this April  »

The general mood among these heavyweight investors is divided, with 42% leaning bullish and 43% bearish. Among these notable options, 181 are puts, totaling $11,215,866, and 395 are calls, amounting …

 » Read more about: Tesla’s Options Frenzy: What You Need to Know  »

Wall Street remained on edge Tuesday, April 1 with stocks swinging between gains and losses as investors awaited clarity on President Donald Trump’s tariff plans scheduled for April 2.

 » Read more about: Dow slips, S&P500 inches up, Nasdaq gains as markets eye Trump’s tariff decision  »

Data out Tuesday showed activity in the manufacturing sector slipped into contraction and costs continued to surge as suppliers weighed the impact of President Trump’s tariff policy.

The Institute for Supply Management’s manufacturing PMI registered a reading of 49.0 in March, down from February’s 50.3 reading and below the 49.5 economists polled by Bloomberg had expected.

 » Read more about: Stock market today: Dow wavers, S&P 500, Nasdaq rise in countdown to Trump's tariff reveal  »

If you are planning to save tax along with investment, then the Equity-Linked Savings Scheme (ELSS) can be a great option for you. ELSS mutual funds not only offer tax exemption of up to Rs 1.5 lakh under Section 80C, under the Old Tax Regime, of the Income Tax Act,

 » Read more about: Best tax-saving funds: Quant, SBI, HDFC and more! Rs 10K SIP turns into Rs 62 lakh in 12 yrs in this ELSS fund  »