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Stock Market Today (LIVE): Data Center Surprise Sends QCOM Up 15%; Keytruda Drives Merck Q1 Beat

Qualcomm's stock surged 15% after announcing a data center chip deal, while Merck's Q1 earnings beat expectations, driven by strong sales of its cancer drug Keytruda.

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US stocks rise as CME trading resumes, Fed rate-cut expectations hold

US stocks rose for the fifth consecutive session as the Chicago Mercantile Exchange resumed operations and traders maintained expectations for a Federal Reserve interest-rate cut next month.

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