Dow, S&P 500, Nasdaq trim gains after tech’s tariff reprieve bounce fizzles
Apple (AAPL) shares gained as much as 5% on Monday as Wall Street viewed the iPhone maker a major winner of exemptions on tariffs announced by the Trump administration over the weekend. "The Trump administration gives AAPL a lifeline," said Angelo Zino, vice president and senior equity analyst at CFRA Research. "It also provides a huge sigh of relief for US consumers who feared a significant increase in costs." In a big win for the technology sector, the White House carved out reciprocal tariff exemptions on smartphones, computers, memory chips,...

