Today: 6 April 2026

Khadija Saeed

A dedicated markets reporter, she covers stocks, macroeconomics, and major business developments with a sharp eye for detail and accuracy.

P&G stock rises as Wall Street slides on tariff fears; earnings next on deck

P&G stock rises as Wall Street slides on tariff fears; earnings next on deck

Procter & Gamble shares rose 1.4% to $146.49 despite a broad market selloff triggered by new U.S. tariff threats on European imports. Barclays raised its price target to $155 but warned recent gains reflect defensive buying, not stronger fundamentals. Investors await P&G’s Jan. 22 earnings call for updates on pricing, costs, and demand. The Cboe Volatility Index hit an eight-week high as traders shifted to consumer staples.
Dow Jones sinks 500 points as Trump’s Greenland tariff threat rattles Wall Street

Dow Jones sinks 500 points as Trump’s Greenland tariff threat rattles Wall Street

The Dow Jones Industrial Average plunged 582.97 points by midday Tuesday after President Trump announced new tariffs on imports from eight NATO allies, triggering a broad selloff. The S&P 500 and Nasdaq also fell, with declines in tech, banking, and industrial stocks. European leaders plan an emergency summit Thursday in response. The Cboe Volatility Index spiked to its highest level in eight weeks.
20 January 2026
3M stock price tumbles on 2026 profit outlook, tariffs back in focus

3M stock price tumbles on 2026 profit outlook, tariffs back in focus

3M shares fell 7.4% to $155.30 after its 2026 adjusted earnings forecast missed analyst estimates, citing possible extra costs from new U.S. tariffs on European goods. The company projected 2026 adjusted EPS of $8.50 to $8.70, below the $8.61 consensus. CEO Bill Brown warned of challenges in roofing granules and auto aftermarket segments. Fourth-quarter adjusted earnings reached $1.83 per share on $6.0 billion in sales.
20 January 2026
Caterpillar stock slides on tariff jitters as Oppenheimer lifts target — what to watch next

Caterpillar stock slides on tariff jitters as Oppenheimer lifts target — what to watch next

Caterpillar shares fell nearly 3% Tuesday to $629.03, extending losses as U.S. stocks slid on renewed tariff worries. The stock traded ex-dividend, making new buyers ineligible for the upcoming $1.51 payout. Oppenheimer raised its price target to $700, but sector pressure persisted. Investors await Caterpillar’s Jan. 29 earnings report for signs of demand and pricing strength.
20 January 2026
Natural gas price surge jolts UNG and producers as U.S. cold snaps back into view

Natural gas price surge jolts UNG and producers as U.S. cold snaps back into view

NYMEX February natural gas futures jumped 25.2% Tuesday to $3.885/mmBtu, the steepest daily gain since January 2022, as traders covered shorts on colder U.S. forecasts. Next-day cash prices in New York soared nearly 200% to $11.76/mmBtu, while West Texas Waha prices stayed below zero. U.S. LNG export flows matched record highs, and gas-linked funds rallied sharply.
20 January 2026
Bitcoin price drops below $90,000 as tariff fears hit risk assets; Strategy keeps buying

Bitcoin price drops below $90,000 as tariff fears hit risk assets; Strategy keeps buying

Bitcoin fell 3.8% to $89,480 Tuesday, dropping below $90,000 as traders reacted to new U.S.-Europe tariff threats and a broader risk-off move. Strategy disclosed $2.13 billion in bitcoin purchases over eight days, while its shares slid 7.4%. Crypto-linked stocks and the dollar also weakened. About $865 million in crypto liquidations occurred as prices dropped.
Nebius (NBIS) stock slides 7% as Israel opens AI supercomputer access — what investors watch next

Nebius (NBIS) stock slides 7% as Israel opens AI supercomputer access — what investors watch next

Nebius Group shares fell 7.4% to $100.65 in early Tuesday trading, underperforming the broader tech sector. The drop followed news that Israel’s Innovation Authority launched its AI supercomputer, built by Nebius, with access now live for companies and researchers. Nebius reported $146.1 million in quarterly revenue but posted losses over $100 million as capital spending surged.
Uber stock slides as KeyBanc trims target — and a new Israel push lands on traders’ screens

Uber stock slides as KeyBanc trims target — and a new Israel push lands on traders’ screens

Uber shares fell 2% to $83.18 Tuesday as U.S. stocks slid after new tariff threats from President Trump. KeyBanc trimmed its Uber price target to $105, citing uncertainty over autonomous vehicles, but kept an Overweight rating. An Israeli committee approved a bill to allow Uber and Lyft to operate in Israel, pending parliamentary approval. Investors await Uber’s earnings report on Feb. 4.
Coinbase stock slides as bitcoin slips under $90,000; Bermuda “onchain economy” plan in focus

Coinbase stock slides as bitcoin slips under $90,000; Bermuda “onchain economy” plan in focus

Coinbase Global shares fell 5.2% to $228.68 Tuesday as bitcoin dropped 3.6% and ether lost 6.7%. The decline followed renewed market jitters over President Trump’s Greenland bid and tariff threats. Coinbase also reported delays for some users on the Ronin Network. The company’s Q4 and full-year earnings are due February 12.
Honeywell stock (HON) slips as tariff jitters sweep Wall Street; Quantinuum IPO report in focus

Honeywell stock (HON) slips as tariff jitters sweep Wall Street; Quantinuum IPO report in focus

Honeywell shares fell 1.7% to $215.57 as U.S. stocks dropped after President Trump threatened new tariffs on eight European countries over Greenland. The Cboe Volatility Index jumped to an eight-week high above 20. Bloomberg reported Honeywell-backed Quantinuum is working with Morgan Stanley and JPMorgan on a potential IPO. Honeywell is set to report fourth-quarter results on Jan. 29.
20 January 2026
Qualcomm stock drops as tariff fears shake tech — here’s what QCOM traders are watching

Qualcomm stock drops as tariff fears shake tech — here’s what QCOM traders are watching

Qualcomm shares fell 2.4% to $155.63 by midday Tuesday, leading losses in chip stocks after new U.S. tariff threats on Europe triggered a global tech sell-off. The iShares Semiconductor ETF slipped 0.6%, with Broadcom and Nvidia also down, while AMD and Intel rose. Investors shifted to safer assets as volatility spiked to an eight-week high. Qualcomm’s earnings report in early February remains in focus.
20 January 2026
Cisco (CSCO) stock price slips as tariff jitters hit tech — even with a Wi‑Fi 7 campus deal

Cisco (CSCO) stock price slips as tariff jitters hit tech — even with a Wi‑Fi 7 campus deal

Cisco shares fell 1.6% to $74.01 midday Tuesday, underperforming a broad tech selloff after new U.S. tariff threats. The drop followed Morgan Stanley’s downgrade of U.S. IT hardware, citing weak demand and higher costs. Earlier, Cisco announced a multi-year Wi‑Fi 7 rollout deal with Georgetown University. Arista Networks and Palo Alto Networks also declined.
20 January 2026
Western Digital stock price rises on fresh Wall Street target hikes — what traders watch before earnings

Western Digital stock price rises on fresh Wall Street target hikes — what traders watch before earnings

Western Digital shares rose 2% to $226 by midday Tuesday after several brokerages raised price targets, citing stronger hard drive prices and demand. Rosenblatt, BofA, Citi, and UBS all increased their targets, with some predicting results at the high end of guidance. The S&P 500 and Nasdaq both fell over 1%. Investors await Western Digital’s Jan. 29 earnings for signals on pricing and capacity.
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Stock Market Today

  • KB Home Faces Earnings Decline Amid Challenging Housing Market Conditions
    April 6, 2026, 7:59 AM EDT. KB Home (KBH), a leading U.S. homebuilder operating in 49 markets, reported fiscal Q1 2026 revenue down 23% to $1.08 billion and a 14% drop in homes delivered. The adjusted gross profit margin fell to 15.5%, below the key 20% threshold, driven by price cuts and higher land costs. Analysts cut 2026 earnings estimates by 45.6% to $3.55 amid ongoing market pressures and geopolitical uncertainties. Despite solid community traffic and higher-margin orders, share prices have weakened over six months, reflecting persistent housing market struggles. KBH trades at a forward P/E of 14.3, indicating potential value but also risks as earnings decline continues.
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