Market Midday: Stocks Turn Higher, Moody's Downgrades US Credit Worthiness, Tariffs Could Cause Job Cuts 5/19/25
CNBC Business News Update
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Wall Street Rally Amid Credit Downgrade and Tariff Concerns
This chapter highlights Wall Street's positive performance with a focus on UnitedHealth's recovery and assesses the fallout from Moody's U.S. credit rating downgrade. It also explores the potential impact of tariffs on retail prices, featuring insights from Walmart's CEO on cost management strategies.
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