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CNBC's "Fast Money"

International Investing Vs. U.S… And NIH Funding Cuts Impact On Drug Development 3/17/25

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 17 March 2025

⏱️ 44 minutes

🧾️ Download transcript

Summary

International markets have outperformed the U.S. in a big way this year, but will the trend continue into Q2? Where are out traders see the biggest global gains, and if they’re betting on more divergence between the markets. Plus NIH funding cuts putting drug development on the chopping block. The names feeling the impact, and what’s at stake in the pharma space. Fast Money Disclaimer

Transcript

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0:00.0

Live from the NASAC market site in the heart of New York City's Times Square, this is fast money.

0:07.4

Here's what's on tap tonight.

0:08.8

The international divide.

0:10.2

Emerging market stocks have been far outperforming the S&P this year.

0:13.3

But can the group keep its leadership in a game of would you rather?

0:17.9

We find out where the traders would put their money right now.

0:20.6

Plus, we're counting down to Nvidia's big AI conference, what to expect from the GTC keynote

0:25.6

tomorrow, what it could mean for the stock.

0:27.6

And later, a firm drops as a soon-to-be public competitor scoops up a big deal, Netflix

0:32.6

streaming higher on one big bull call on Wall Street, and inside Intel's best three-day rally in over 37 years.

0:40.5

I'm Melissa Lee, home to you live from Studio B at the NASDAQ.

0:42.8

I'm the desk tonight.

0:43.7

Tim Seymour, Karen Feinerman, Dan Nathan, and Guy Dami.

0:46.8

We start off with what is becoming a rare two-day win for stocks

0:50.3

with major markets following up Friday's rally with more gains to kick off the week.

0:54.7

The Dow up 350 points, the S&P 500 gaining over a half a percent.

0:58.6

The NASDAQ getting within 75 points of the 18,000 level, all had been down earlier in the

1:04.2

session.

1:04.7

But even with today's gains, U.S. markets are far underperforming the rest of the world.

1:10.4

The EEM emerging markets ETF up more than 8% in 2025, while the S&P is down 3.5%.

1:17.0

China, Brazil, Europe, Mexico, and Japan, all outperforming the U.S. so far this year.

1:21.9

This divergence got us wondering, at these levels, would you rather put money to work at home or abroad?

...

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