News

Shares of fast food chain El Pollo Loco (NASDAQ:LOCO) jumped 15.3% in the morning session after Biglari Capital offered to acquire the company. Reports revealed LOCO was evaluating the proposal, indicating that a deal was likely to be done. Importantly, Biglari already held approximately 15% of LOCO's shares, making it a significant stakeholder with vested interest in the company's direction.

Goldman Sachs expects a 30% decline in the stock market, which would send the S&P 500 to about 4,300, or 18% lower from current levels.

The benchmark index fell 1.6% on Tuesday marking a $5.8 trillion loss in market value since President Donald Trump unveiled hefty global tariffs against U.S. trading partners on Wednesday. Because I think things are very seized up, meaning things are not moving because the businesses, especially, don't know what decisions to make.

Dogecoin (CRYPTO: DOGE) is heading lower again in Tuesday's trading. The cryptocurrency's token price was down 4% as of 5:30 p.m. ET. Dogecoin's valuation is falling as investors respond to new tariffs that are set to go into effect after midnight tonight.

Stocks spiked Tuesday, with news of possible trade deals between the US and other countries helping investors claw back some of the worst losses since 2020.

Bitcoin has seen a dramatic reversal in its fortunes since Donald Trump entered the White House, a rally turning into a bloodbath within three months.

The S&P 500 fell 1.6% on Tuesday, April 8, 2025, as investors braced for new tariffs to take effect.

What was a massive rally on Wall Street has turned into yet another sizeable decline.

The S&P 500 ended the day above bear-market territory, but the US-China trade war risks further tumult.

Investors are digesting tariff whiplash after the White House confirmed plans to levy 104% tariffs on China, set to go into effect at 12:01am ET.