Squawk on the Street

Inflation Watch After the Rally, Trump and CEOs in Saudi Arabia, UNH Upheaval 5/13/25

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Show notes

After Monday's big market rally fueled by the U.S.-China deal to temporarily slash tariffs, Carl Quintanilla, Jim Cramer and David Faber led off

the show with market reaction to the April Consumer Price Index and what it says about inflation. The anchors also discussed President Trump's 

trip to Saudi Arabia, where he greeted prominent CEOs including Jensen Huang and Elon Musk. Also in focus: UnitedHealth drags the Dow lower

after the health insurer suspended its 2025 guidance and announced its CEO stepped down, Coinbase to join the S&P 500, Phillips 66-Elliott proxy fight.

 

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