CNN 5 Things Wall Street’s volatile week, rulings on deportation cases, helicopter crash investigation & more
Apr 11, 2025
Financial markets are reacting to President Trump's unexpected tariff pause. Highlights include updates on two significant deportation cases and ongoing legal battles concerning the Menendez brothers. A helicopter crash in New York raises questions about pilot qualifications, as safety officials launch their investigation. Additionally, proposed budget cuts threaten crucial climate and weather research, raising concerns about public safety in extreme conditions.
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Market Volatility Due to Tariffs
- U.S. stocks ended with strong gains after a volatile week influenced by President Trump's tariff policy.
- However, the oil market and U.S. dollar fell due to recession fears and trade war concerns.
Mahmoud Khalil Deportation Case
- Mahmoud Khalil, a Columbia University graduate student and activist, was deemed deportable.
- Secretary of State Marco Rubio cited Khalil's beliefs and associations as grounds for deportation.
Mistaken Deportation
- A judge ruled against the Trump administration for failing to provide information about a mistakenly deported man.
- Kilmar Armando Abrego Garcia was wrongly deported to El Salvador in March.