Trump to Unlock 15-Figure Fortune for America (May 3rd)?

This map looks ordinary--but according to insider Jim Rickards, it reveals a hidden government asset so massive . Trump may soon unlock it--learn how to position yourself before it's too late!

Asian shares are sharply lower after Wall Street tumbles

The Associated Press
March 30, 2025

NEW YORK (AP) -- Asian shares were sharply lower on Monday after another wipeout slammed Wall Street as build about a potentially toxic mix of worsening inflation and a U.S. economy slowing because households are afraid to spend due to the trade war.

U.S. futures and oil prices were lower.

Thailand's SET lost 0.9% after a powerful earthquake centered in Myanmar rattled the region, causing widespread destruction in the country, also known as Burma, and less damage in places like Bangkok, though a high-rise office building under construction collapsed.

Tokyo's benchmark fell nearly 3.9% to 35,691.52, while the Hang Seng in Hong Kong lost 1% to 23,200.65.

The Shanghai Composite index declined 0.5% to 3,333.66.

In South Korea, the Kospi fell 2.6% to 2,492.49, while Australia's S&P/ASX 200 sank 1.6% to 7,856.80.

Taiwan's Taiex lost 3.4%.

On Friday, the S&P 500 dropped 2% to 5,580.94, for one of its worst days in the last two years. It was its fifth losing week in the last six.

The Dow Jones Industrial Average sank 715 points, or 1.7%, to 41,583.90, and the Nasdaq composite fell 2.7% to 17,322.99.

Lululemon Athletica led the market lower with a drop of 14.2%, even though the seller of athletic apparel reported a stronger profit for the latest quarter than analysts expected.

Oxford Industries, the company behind the Tommy Bahama and Lilly Pulitzer brands, likewise reported stronger results for the latest quarter than expected but still saw its stock fall 5.7%.

One of the main worries hitting Wall Street is that President Donald Trump's escalating tariffs may cause U.S. households and businesses to freeze their spending. Even if the tariffs end up being less painful than feared, all the uncertainty may filter into changed behaviors that hurt the economy.

A report on Friday showed all types of U.S. consumers are getting more pessimistic about their future finances. Two out of three expect unemployment to worsen in the year ahead, according to a survey by the University of Michigan. That's the highest reading since 2009, and it raises worries about a job market that's been a linchpin keeping the U.S. economy solid.

A separate report also raised concerns after it showed a widely followed, underlying measure of inflation was a touch worse last month than economists expected.

The Fed could return to cutting interest rates, like it was doing late last year, in order to give the economy and financial markets a boost. But such cuts would also push upward on inflation, which has been sticking above the Fed's 2% target.

The economy and job market have been holding up so far, but if they were to weaken while inflation stays high, it would produce a worst-case scenario called "stagflation." Policy makers in Washington have few good tools to fix it.

Some of Wall Street's sharpest losses on Friday hit companies that need customers feeling confident enough to spend, and not just on yoga wear or beach clothes. Delta Air Lines lost 5%. Casino operator Caesars Entertainment dropped 5%. Domino's Pizza sank 5.1%.

The heaviest weights on the market were Apple, Microsoft and other Big Tech stocks, whose massive sizes give their movements more sway over indexes. They and other stocks that had gotten caught up in the frenzy around artificial-intelligence technology have been among the hardest hit in Wall Street's recent sell-off.

Their prices had shot up so much more quickly than their already fast-growing revenues and profits that critics said they looked too expensive.

On the flip side, among the relatively few rising stocks on Wall Street were those that can make money almost regardless of what the economy does, such as utilities. American Water Works rose 2.2%.

Stock markets worldwide will likely remain shaky as an April 2 deadline approaches for more tariffs. That's what Trump has called "Liberation Day," when he will roll out tariffs tailored to each of the United States' trading partners.

In other dealings early Monday, U.S. benchmark crude oil lost 40 cents to $68.96 per barrel. Brent crude oil fell 36 cents to $72.40 per barrel.

The U.S. dollar fell to 148.86 Japanese yen from 149.84 yen. The euro rose to $1.0838 from $1.0803.

___

AP Business Writers Stan Choe and Matt Ott contributed.

Continue Reading...

Popular

IRS whistleblower on Hunter Biden is out as acting commissioner just days after getting the job

WASHINGTON (AP) — Just days after to acting IRS commissioner, the whistleblower who testified publicly about investigations into Hunter Biden’s taxes is out of the job, according to three people familiar with the decision.

DOGE trumpets unemployment fraud that government already found

NEW YORK (AP) — The latest government waste touted by billionaire Elon Musk's cost-cutting Department of Government Efficiency is hundreds of millions of dollars in fraudulent unemployment claims it purportedly uncovered.

Putting Your Name on This List Could Hand You $1,270 on Friday - Ad

URGENT: On Tuesday, a simple set of instructions will be sent out to an elite group of investors. The folks in this group will have the opportunity to place a 10-minute trade that could double their money by Friday. Consider this your invitation to join them. The next trade is just days away.

China May Hit US Where It Hurts Amid Trump's Tariff War — Services Trade In Crosshairs, With Walt Disney, IMAX And Warner Bros. Discovery In Focus

As Washington doubles down on its trade war with China, and tariffs now going as high as 104%, some leading experts believe that the Middle Kingdom might have an ace up its sleeve, that could hit the United States where it hurts most—Services.

VinFast Auto Maintains EV Delivery Outlook Amid Macro Uncertainty Despite Q4 Margin Drag

VinFast posts wider-than-expected Q4 loss, revenue miss, and steep margin drop but maintains 2025 delivery growth target.

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad

Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.

Canadian couple likely the only business owners on Australia's Norfolk Island to face US tariffs

MELBOURNE, Australia (AP) — Jesse Schiller and Rachel Evans are likely the only business owners on to be directly affected by the Trump administration's , as the South Pacific outpost they call home exports nothing to the United States.

Here's a look at recent aircraft tragedies, mishaps and close calls

The killed all six on board — a physician couple and their accomplished children and partners — during a family trip to the Catskills.

Maverick Trader Reveals 97% Accurate System - Ad

This man's simple strategy makes money in any market...With a 97% accuracy at hitting winners over the past 8 years!

California will sue to stop Trump from imposing sweeping tariffs

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom said Wednesday that his state will file a lawsuit challenging President Donald Trump's authority to impose sweeping tariffs that have set off a .

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

China accuses US of unilateralism, protectionism and economic bullying with tariffs

BANGKOK (AP) — China on Monday accused the U.S. of unilateralism, protectionism and economic bullying with tariffs, while calling on representatives of American companies including Tesla, to “take concrete actions” to resolve the tariffs.

Meet The New Income Machines: Simplify Debuts SBAR And XV

Simplify Asset Management launches two innovative ETFs designed to provide structured, high-yielding income with well-defined downside risk in today's challenging investing environment.

One Coin to Rule Them All... - Ad

Hardly any investors are talking about this coin but I believe that's about to change with some potentially huge news! Get in on the ground floor while it's rock bottom with this new how-to guide, just $3.

Stocks Edge Up On Strong Bank Earnings, Netflix Soars, Dollar Rebounds: What's Driving Markets Tuesday?

Wall Street gained ground by midday trading on Tuesday, as investor concerns over the economic impact of trade tensions continued to ease following recent signs that the Trump administration was taking a more conciliatory approach.

Japan reports a $63 billion trade surplus with the US as it talks with Trump on tariffs

TOKYO (AP) — Japan recorded a trade deficit in its March-April fiscal year but racked up a surplus with the U.S., the Finance Ministry reported Thursday.

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

US egg giant Cal-Maine says government is investigating price increases

Shares of Cal-Maine Foods, the largest U.S. egg producer, fell in after-hours trading Tuesday after the company acknowledged it is being investigated by the antitrust division of the U.S. Department of Justice.

Crypto Attorney Sues US Government To Unmask Satoshi Nakamoto, Creator Of Bitcoin

In another interesting twist in the Satoshi Nakamoto saga, cryptocurrency lawyer James Murphy sued the U.S. government in an attempt to determine the identity of the pseudonymous Bitcoin (CRYPTO: BTC) creator.

No.1 Opportunity for 2025 [Take Action Now!] - Ad

Starlink's potential IPO Could Be the Biggest in History--Silicon Valley insider James Altucher has uncovered a way to profit BEFORE the IPO--with as little as $50. Musk's $180B giant is set to launch--will you miss out? Claim your spot before it's too late.

Mark Cuban Gets Real About What It Takes To Get Rich: 'Even When I Was Dead Broke Sleeping on the Floor, I Was Having Fun'

Billionaire and Dallas Mavericks owner Mark Cuban once shed light on the common misconceptions about super-rich individuals and the impact of wealth on personal relationships.

Hollywood lands a much-needed box office hit with ‘A Minecraft Movie’

Hollywood needed to be a hit, and it delivered in its opening weekend, significantly narrowing this year's .

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

Big Bank CEOs Weigh In On Trump's Turbulent Economy

Several CEOs of the largest U.S. banks have recently expressed concerns about the economic fallout, market volatility and broader uncertainty resulting from President Donald Trump's new trade policies. 

Palantir Executive Defends Company's ICE Contract: 'All Sides Of The Political Aisle'

A Palantir executive defended the company's recent ICE contract extension and company's work with the Trump administration.

Trump Exec Order to Restore Wealth for American Citizens? - Ad

Thanks to President Trump's Executive Order 14179, a brief "AI Wealth Window" is opening now. Genius investor James Altucher has released 3 AI wealth-building strategies to take advantage of Trump's genius Executive Order 14179. James believes you could see $10,000 grow to $1 MILLION or more over the next few years.

Study Says You Need $1.26 Million To Retire — Here's Why The Math Says Otherwise

The Northwestern Mutual 2025 Planning and Progress Study found that Americans believe they need $1.26 million to retire comfortably. However, personalized goals, disciplined saving, and adaptability are more important than a universal estimate.

Elon's Biggest Secret Could Save Your Retirement - Ad

From a near-fatal car crash to surviving deadly malaria, Musk's fearless drive built Tesla, SpaceX, and Starlink. Now, he's warning America--and smart investors are listening. Discover the Trump IRS Loophole to protect your IRA & 401(k).

Ripple's Crypto Warning, Circle's IPO Ambitions, And Bitcoin's Anticipated Surge: This Week In Crypto

The weekend saw major developments in the cryptocurrency world, including Ripple's concerns over the UK's crypto regulations, Circle's plans for a $5 billion IPO, Anthony Pompliano's praise for Trump's tariffs as a catalyst for crypto, and expectations of a Bitcoin price surge following potential monetary easing by the Fed.

Bitcoin Taps $94,000: Is $99,000 Next?

Bitcoin (CRYPTO: BTC) is trading near $94,000 with technical signals pointing to a potential move toward $98,000–$99,000, according to a new report from 10x Research.

Defi Coin Triggers All "Buy" Signals and Could Break Out Soon - Ad

Some are calling this the most promising DeFi project since Ethereum itself. Here's the #1 DeFi Coin Set to Soar. While Bitcoin grabs headlines, this lesser known DeFi coin is quietly gearing up for a monster rally. Experts say now is the time to buy before it reaches escape velocity.

Company plans to restart Keystone Pipeline after oil spill in rural North Dakota

BISMARCK, N.D. (AP) — The operator of the said it planned to restart the system Monday after a last week shut down the line.

XRP, Solana, Cardano Plunge Over 15% In 7 Days: Is A Rebound Coming?

Major altcoins like XRP (CRYPTO: XRP), Solana (CRYPTO: SOL) and Cardano (CRYPTO: ADA) are down more than 15% in the past seven days, tracking

Why Is the U.S. Dollar Suddenly Crashing? - Ad

Pundits on either side of the aisle have been warning that the U.S. dollar would crash for years. In 2025, it looks like it finally is. What does that mean for you money... and was this President Trump's plan all along? A widely followed 25-year economist and investor explains exactly what's happening, what could come next, and how to position your money on this page here.

Greenback On The Brink: The Dollar ETFs Everyone's Watching

ETFs tracking US dollar gaining attention as currency faces pressure amid trade tensions and weak economy.

South Carolina Senate seek at hearing to remove state treasurer over $1.8B accounting error

COLUMBIA, S.C. (AP) — South Carolina's Republican-dominated Senate and its elected Republican treasurer faced off Monday in an extraordinary hearing as senators try to kick the treasurer over a $1.8 billion accounting error.

Trump to Unlock 15-Figure Fortune for America (May 3rd)? - Ad

This map looks ordinary--but according to insider Jim Rickards, it reveals a hidden government asset so massive . Trump may soon unlock it--learn how to position yourself before it's too late!

Expect more fake eggs made of colored marshmallows or even potatoes on this year's Easter spread

MISSION, Kan. (AP) — With egg prices high, the internet has offered up a host of alternatives, with crafters painting rocks and influencers dyeing everything from marshmallows to potatoes.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service