CNBC Daily Open: Trump and Musk reassure investors, sending stocks higher

Yeo Boon Ping - CNBC - 03:08
Markets are open-minded, and often react almost instantaneously to any positive changes.

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President Donald Trump and Elon Musk attend UFC 314 at the Kaseya Center on Saturday, April 12, 2025, in downtown Miami. 
Matias J. Ocner | Miami Herald | Getty Images

Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today

The latest CNBC All-America Economic Survey found that Americans' opinion of how U.S. President Donald Trump is managing the economy has plunged: For the first time since he entered the White House, more respondents disapprove than approve of the president on the economy.

Tesla CEO Elon Musk, who has been a significant contributor to the Trump administration, has also seen a decline in his and his company's reputations. More than 47% of the American public view Tesla negatively, according to the same survey, compared with just 10% for General Motors. As for Musk himse...
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