Consumer Sentiment data coming in at its lowest levels since 2022 top of the hour… Carl Quintanilla, Melissa Lee, and Michael Santoli broke down the latest as the S&P and Nasdaq look to close out another tough week. Why Richard Bernstein’s Deputy CIO says to avoid tech here – and that there’s a slowdown ahead.  Plus, a deep dive on what to do with Apple shares, as they close out their worst weekly performance since 2020. Tesla also seeing historic declines – shares adding to their longest weekly losing streak ever – more on the company’s new tariff warning for the White House. And the latest for Consumer Discretionary stocks – as the sector looks for its worst week since 2023 – and the street works through a chorus of consumer warnings. 

 

Also in focus: President Trump taking aim at the CFPB – one with the regulator’s former head, Rohit Chopra; Why money is flowing into utilities; and breaking down the potential impact of Trump’s promised 200% tariffs on certain European spirits.

 

 

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