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Wednesday, April 4, 2018
Premarket: 6 things to know before the bell
Here's what you need to know about the markets before you start your business day.
Markets slump after China announces new tariffs
US stocks were poised to open sharply lower on Wednesday after China announced plans for heavy tariffs on $50 billion worth of US exports.
China strikes back; Futures drop; Sorrell under pressure
1. China strikes back: US stock futures moved sharply lower on Wednesday after Beijing announced plans for heavy new tariffs on dozens more US goods.
China Strikes Back at the U.S. With Plans for Its Own Tariffs
China on Wednesday outlined plans to impose tariffs on soybeans and other American goods. 
‘Orbanomics’: A Miracle for Hungary, or a Mirage?
A national workfare program has found jobs for 73 of the 472 residents of Siklosnagyfalu, Hungary. Prime Minister Viktor Orban is trumpeting such economic improvements as he runs for re-election. 
Trump Plans to Send National Guard to the Mexican Border
The White House said Tuesday night that President Trump plans to deploy the National Guard to confront what it called a growing threat of illegal immigrants, drugs and crime from Central America. 
News Analysis: Netanyahu’s Reversal on Migrants Shows Influence of Hard-Line Allies
Prime Minister Benjamin Netanyahu on Tuesday canceled a deal with the United Nations on African migrants, a day after he had announced it. 
EMERGING MARKETS-Trade war fears push emerging stocks to annual loss
LONDON, April 4 (Reuters) - Emerging equities turned negative on the year with Asian bourses suffering hefty falls on Wednesday and currencies under pressure as tit-for-tat tariff actions between Washington and Beijing fuelled fears a trade war could damage the global economy.
BRIEF-Delta 9 Exercises Option To Acquire Production Facility
* EXERCISED OPTION TO PURCHASE LAND, 80,000 SQUARE FOOT BUILDING CONTAINING CO'S CURRENT CANNABIS PRODUCTION FACILITY FOR $6.25 MILLION
Philippines orders Jollibee to make more than 6,000 workers permanent
MANILA, April 4 (Reuters) - The Philippine government on Wednesday ordered Jollibee Foods Corp to regularize more than 6,000 workers by making them permanent, sending shares of the country's largest fast-food group down nearly 4 percent.
BRIEF-Amarin estimates net product revenue for Q1 to be about $43 mln
* AMARIN UPDATES FIRST QUARTER REVENUE GUIDANCE, REITERATES FULL YEAR GUIDANCE AND UPDATES ON REDUCE-IT CARDIOVASCULAR OUTCOMES STUDY PROGRESS AND VASCEPA PROMOTION INITIATIVES
GLOBAL MARKETS-Shares recoil as China fires back in U.S. trade war
* Euro shares, Wall Street futures hit as trade tensions rise
UPDATE 1-European shares retreat on escalating U.S.-China trade row
LONDON, April 4 (Reuters) - Losses on European exchanges steepened on Wednesday after China unveiled new tariffs against U.S. products, increasing concerns of an escalating trade standoff between the two countries.
Vestas taps car battery know-how for wind power storage
COPENHAGEN, April 4 (Reuters) - The world's largest wind turbine maker Vestas is tapping into experience from the car battery industry to try to address the challenge of using erratic wind and solar energy to meet a growing share of power demand.
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