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Palantir Surges on Shutdown Optimism While Health Insurers Slide Amid Trump Comments

Palantir Surges on Shutdown Optimism While Health Insurers Slide Amid Trump Comments

Author:

Global Cryptocurrency

Published:

2025-11-10 21:58:01

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BTCCSquare news:

Palantir Technologies led S&P 500 gainers with a 9% rally as investors bet on imminent resolution to the government shutdown. The data analytics firm, a major Defense Department contractor, stands to benefit from restored federal spending.

Health insurers Centene and peers tumbled after former President TRUMP proposed bypassing insurers for healthcare subsidies. His remarks injected fresh uncertainty into the sector during already volatile market conditions.

Broad indices climbed on Washington optimism, with the Nasdaq outpacing peers at +2.3%. The rally reflects growing confidence in congressional negotiators nearing a shutdown compromise, though cryptocurrency markets remained sidelined from these traditional equity movements.

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