Bloomberg Businessweek
Tech Giants Lift Stocks as Trump Casts Doubt on New Tariff Pause
Apr 25, 2025
Mike McKee, an economics correspondent, dives into market trends influenced by tech giants as Zach Wasserman shares insights on Huntington Bank's performance amid tariff uncertainties. Wealth reporter Devin Pendleton discusses ultra-rich investment habits, while Adrianne Yamaki offers strategic advice for navigating market fluctuations. The conversation covers consumer sentiment fears, potential fallout from U.S.-China trade relations, and how political uncertainties shape business operations, offering a comprehensive look at today's economic climate.
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Quick takeaways
- Tech giants significantly boosted stock market performance despite ongoing uncertainties surrounding U.S. tariff negotiations and their impact on trade.
- Deteriorating consumer sentiment and cautious hiring trends signal potential economic instability that could influence Federal Reserve's monetary policy decisions.
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