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CNBC's "Fast Money"

Amazon sets new record and what falling yields mean for the market

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 6 July 2021

⏱️ 44 minutes

🧾️ Download transcript

Summary

Amazon surging to a new all-time high on the first trading day under new CEO Andrew Jassy. What’s next for the stock from here? Plus, with the S&P and Dow pulling back from record highs as yields fall to the lowest level since February, what are rates telling us about the market?

Transcript

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0:00.0

Well, I from the Nasdaq Makas, I'd overlooking New York City's Times Square.

0:04.8

This is Fast Money.

0:05.8

I'm Melissa Lee.

0:06.8

Tonight's straighter lineup.

0:07.8

Steve Grasso, Dan Nathan, Karen Feinerman, and Guy Dami.

0:10.1

Tonight on Fast, Amazonna Maze is the stock soaring to a new all-time high as Andy Jassy

0:15.1

takes over his CEO.

0:16.1

We're breaking down the record move straight ahead.

0:18.5

Plus, China takes aim.

0:20.1

Shears a DD and other Chinese tech stocks plunging as Beijing turns up the heat.

0:24.0

So if you're invested in these names, what should you do now?

0:26.9

We'll break that all down.

0:27.9

And later, we've got a fast pitch coming your way.

0:30.0

A guest trader is taking the amount to throw out her best idea why she is calling this

0:34.2

energy stock a stealth ESG play.

0:37.4

We start off with a rollercoaster ride for the market.

0:39.8

The S&B closing well off its lows of the day, but still snapping a seven-day winning streak.

0:44.2

The Dow dropping more than 200 points.

0:46.3

While the Nasdaq eaked out a new record, the move comes as rates crater the yield on the

0:51.3

10-year treasury falling to the lowest level since late February.

0:55.1

So what are yields telling us about the market here, Dan?

0:59.0

What do you think?

...

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