π¨ JUST IN: Trumpβs tariffs will push up the cost of Apple, $AAPL, iPhone components to $846 from $549, per WSJ
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π¨ JPMorgan has increased its probability of the chances of a global recession in 2025 up to 40%.
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JUST IN: πΊπΈπͺπΊ Elon Musk calls for the United States and Europe to establish a "zero-tariff" system and a "free trade zone."
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JUST IN: πΉπΌπΊπΈ Taiwan offers zero tariffs and pledges to increase its investments in the US to avoid President Trump's tariffs.
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πΊπΈ Elon Musk's net worth has decreased by $130 billion this year, making him the biggest loser among the top 10 richest people in the world, with Buffett being the only gainer.
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BREAKING: π¨π¨ The world's 500 richest people lost $500 billion this week, which is the largest ever recorded by Bloomberg.
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β‘οΈNEW: JPMorganβs Bob Michele says the Fed may have to cut interest rates before the next meeting.
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Stock markets today
ππ° Hong Kong: -8.7%
πΈπ¬ Singapore: -7%
π―π΅ Japan: -6%
π¨π³ China: -5.5%
π²πΎ Malaysia: -4.2%
π¦πΊ Australia: -4.1%
π΅π Philippines: -4%
π³πΏ New Zealand: -3.6%
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ππ° Hong Kong: -8.7%
πΈπ¬ Singapore: -7%
π―π΅ Japan: -6%
π¨π³ China: -5.5%
π²πΎ Malaysia: -4.2%
π¦πΊ Australia: -4.1%
π΅π Philippines: -4%
π³πΏ New Zealand: -3.6%
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π¨ JUST IN : The Thailand πΉπ Stock exchange has temporarily banned short selling to stabilize market volatility.
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π¨ Trump claims there is no inflation, urges the Fed to cut rates, and criticizes China for raising its already high tariffs.
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JUST IN: πΊπΈ President Trump says "oil prices are down, interest rates are down, food prices are down, there is no inflation."
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π Market Overview:
SPX: $5074
NASDAQ: $15587
DXY: $102
Gold: $3042
Silver: $30
Bitcoin: $77454
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SPX: $5074
NASDAQ: $15587
DXY: $102
Gold: $3042
Silver: $30
Bitcoin: $77454
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πΊπΈ JUST IN : White House trade counselor Navarro calls recession discussions silly, citing expected tax cuts and suggesting the market is finding its bottom and will recover.
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πΊπΈ JUST IN: President Donald Trump says recently increased tariffs are already earning the U.S Billions of dollars a week
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π¨ BREAKING : Trump warns that if China does not withdraw tariffs by April 8, the US will impose a 50% tariff starting April 9.
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πΊπΈ LATEST: More than 50 countries tariffed by President have reached out to begin negotiations with the White House, according to PBS.
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