Closing Bell Overtime: U.S.-China Deescalation Boosts Stocks; NEC Director Kevin Hassett On Deal Talks 5/12/25

On a pivotal day for Wall Street, Julian Emanuel of Evercore ISI joins to break down what he’s buying as the market rallies on trade talk optimism with China. Marko Papic, Chief Strategist at BCA Research, weighs in the geopolitical environment, followed by NEC Director Kevin Hassett on how negotiations are going with China and other countries, as well as budget talks and President Trump’s executive order on pharma.

Steve Sosnick, Chief Strategist at Interactive Brokers, analyzes the afternoon rally.