Markets rip higher on tariff hopes… and earnings roll in 4/23/25

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 23 April 2025

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stocks surge on renewed trade optimism and dovish tones out of Washington. Plus big earnings movers: Southwest, Chipotle, IBM, and Texas Instrument. And CME Group CEO Terry Duffy joins us to break down market volatility and clear up confusion over their results Fast Money Disclaimer

Transcript

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0:00.0	Live in the NASAC markets, I did the heart of New York City's Times Square. This is fast money.
0:04.0	Here's what's on tap tonight. Today's rally brought to you by the letter T. Trump, Terrace and two strong days for tech.
0:10.9	We're live at the White House for the latest in the president's new tone on trade.
0:14.6	Plus, from volatility to zero-day options and massive trading volumes. We'll be joined live by CME Group chairman and CEO.
0:22.1	Terry Duffy has taken terrorists. The market said much more coming up. And later, the Charmaster is here.
0:26.2	He is ready to hit the sell button on one big brokerage name and nibble on one of the beaten
0:31.0	down farm of giants, a trip off the charts straight ahead. I'm Melissa Lee. Come to you live in the
0:35.4	studio be at the Nazak on the desk tonight. Carterworth, Dan Nathan, Guy Dami, and Mike Co. We start off with another big rally on Wall Street.
0:42.1	The NASAC surging more than 400 points, posting its first back-to-back 2% plus days since February
0:48.5	2023. The tech heavy index had been up nearly 4.5% at its highs, but another day like today,
0:55.1	and it is close to erasing all its losses for the month.
0:59.1	Mega-cap stocks leading today's gains with the so-called Magnificent Seven, adding over $400 billion
1:04.4	in market cap today alone.
1:06.4	Broader markets also higher, though all off their best levels of the session.
1:10.1	Major indices firmly in positive territory for the week. Today's gains their best levels of the session. Major indices is firmly
1:11.1	in positive territory for the week. Today's gains coming after comments from President Trump and
1:15.8	Treasury Secretary Besson suggesting that trade tensions between the U.S. and China could ease.
1:21.2	Amon Javis has been covering all the news out of Washington. Let's get to him for the very latest.
1:25.4	Hey, Melissa, it's been a little bit of a bouncing ball through the course of the day and a little
1:29.3	bit confusing in terms of where exactly these trade talks are actually standing right now.
1:35.3	Here's how the day unfolded. Earlier today, we had Treasury Secretary Besson talking to
1:40.3	reporters and saying that there were no talks yet.
	...

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