Business Rundown: Wall Street Watching the American Consumer
After last week’s historical volatility, many investors woke up this Monday with hope as they were happy to see President Trump rolling back some tariffs for the tech industry. However, the break for companies like Apple and Dell may be short-lived, as Commerce Secretary Howard Lutnick warned over the weekend that some of their products could still face levies in a month or two. That period may be enough for some on Wall Street, but there are growing concerns about how Main Street is responding to the shifting Trump tariff strategy and recession chatter. FOX Business’ Lydia Hu speaks with Siebert Financial Chief Investment Officer Mark Malek about the troubling consumer sentiment numbers and why he’s optimistic about the President's ability to negotiate trade deals that benefit all Americans. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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