Squawk on the Street
SOTS 2nd Hour: Big Tech Rallies, Tariffs Latest, and Gauging A Market Bottom 03/24/25
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Show notes
Headlines over the weekend that President Trump’s April 2nd tariffs could include certain carve outs - Sara Eisen and David Faber broke down the latest as key sectors like Chips, Tech, and the Autos rally. Wharton School Professor Jeremy Siegel joined the team with his take - arguing a rally to new highs is unlikely here – while Citi’s Chief U.S. Equity Strategist took the other side… saying the fundamentals still support a bull market.
Also in focus: Microsoft breaking its longest losing streak since 2008… Has Big Tech bottomed here? Plus, the latest on next-gen weight-loss drugs out of Eli Lilly and Novo Nordisk; and a look at the fallout in for businesses and the legal community, after a new executive order from President Trump targeting Paul Weiss.
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