Zero-day options are fueling the unprecedented volatility on Wall Street amid tariff chaos

Zero-day options are fueling the unprecedented volatility on Wall Street amid tariff chaos

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 11, 2025.  Brendan Mcdermid | Reuters Wild intraday gyrations in stocks since “liberation day” have put investors more on edge than ever, and the popularity of zero-day-to-expiration options is partly to blame. Zero-day-to-expiration options are contracts that…

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US stock markets rise on Trump tariff rollback

US stock markets opened higher on Monday after the White House announced that imports of Chinese-made smartphones and some other electronics devices would be exempted from tariffs. The rollback, issued early on Saturday, may end up being short-lived after President Donald Trump said these goods were simply being moved into a different tariff group or…

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Engineering giant Wood backing £242m takeover bid

Engineering giant Wood backing £242m takeover bid

Ken Banks BBC Scotland, Aberdeen Wood The Wood Group board said it was minded to recommend the offer One of Scotland’s largest companies – engineering giant Wood Group – is backing a £242m takeover approach. Aberdeen-headquartered Wood said Sidara, an engineering and consultancy based in Dubai, had made the offer. Wood’s board of directors have…

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Goldman Sachs (GS) earnings Q1 2025

David Solomon, CEO of Goldman Sachs, testifies during a Senate Banking Committee hearing at the Hart Senate Office Building in Washington, D.C., on Dec. 6, 2023. Win Mcnamee | Getty Images Goldman Sachs is scheduled to report first-quarter earnings before the opening bell Monday.   Here’s what Wall Street expects: Earnings: $12.35 per share, according…

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