Market Close: Stocks Rally, Dow Up 1,160 Points, Drug Price Cut Executive Order 5/12/25
CNBC Business News Update
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Market Surge Amid Trade Optimism and Economic Policy Updates
This chapter examines a notable stock market rally fueled by positive sentiment from U.S.-China trade discussions and tariff reductions. It also discusses President Trump's executive order on drug prices and connects market trends to broader economic strategies, including its impact on student loan defaults.
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Transcript
