The stock market rallied early Wednesday after President Trump teased a cut to the 145 percent tariffs on China. 

The market opened positively with the Dow Jones Industrial up with a gain of more than 700 points, rising about 2 percent while the S&P 500 and the Nasdaq Composite also made sturdy gains. 

“145 percent is very high. It won’t be that high, it’s not going to be that high … it won’t be anywhere near that high,” Trump told reporters in the Oval Office on Tuesday evening. “It will come down substantially, but it won’t be zero.”

Today on Rising, Robby delivers a monologue on Sen. Elizabeth Warren (D-Mass.) and Alex Soros shrugging off former President Joe Biden's cognitive decline. Robby and Lindsey are joined by The Hill's courts and legal reporter Zach Schonfeld. The three discuss the SCOTUS hearing on a case involving parents of elementary students arguing that their religious rights were violated since Montgomery County schools did not provide an opt-out for LGBTQ-related content. Free Press investigative reporter Gabe Kaminsky talks about the Trump administration's big shake-up at the State Department. The Trump administration plans to resume student loan collection for borrowers in default. "60 Minutes" executive producer Bill Owens quits. Carl Zimmer, New York Times columnist and science writer, elaborates on new evidence that Cambridge University researchers discovered about potential life on another planet. The World Economic Forum opens new probe against former leader Klaus Schwab just days after his abrupt resignation. "The Office" star Rainn Wilson in podcast episode with MSNBC's Stephanie Ruhle talks about why trust in the media is sagging. All this and more.

AOC on threats to cut Medicaid

Defense Secretary Pete Hegseth is at the center of another signal chat controversy. New reports say Hegseth shared sensitive information from a secure military channel about strikes in Yemen in a second chat that included his wife and brother.

The White House continues to support Hegseth, and influential MAGA voices use their platforms to back the Defense Secretary.