Reciprocal Tariffs Boost Stocks… And The Impact of RFK Jr’s Confirmation 02/13/25

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 13 February 2025

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stocks taking a leg higher as President Trump lays out his plan for reciprocal tariffs. How those tariffs could impact markets, and what companies are saying about the effects on their businesses. Plus RFK Jr. passing a key vote to lead the Dept. of Health and Human Services. How one of Trump’s most controversial picks could impact the health care space, and the federal agency changes that could follow. Fast Money Disclaimer

Transcript

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0:00.0	Live in the NASAC market site in the heart of New York City's Times Square, this is fast money.
0:04.2	Here's what's on tap tonight.
0:05.4	Tariff Talk.
0:06.3	President Trump signing a sweeping action on reciprocal levies and promising more are coming
0:11.1	what it will all mean for companies' bottom lines and your portfolio.
0:14.9	And confirmed one of the president's most controversial cabinet picks winning confirmation
0:19.5	to lead HHS today, what RFK
0:22.3	Jr. could mean for U.S. healthcare and the stocks in the space. Plus, investors check out
0:27.1	of Hyatt shares. Are Microsoft Bond more attractive than Treasuries? And what is behind Intel's
0:32.6	best week in 50 years? I'm Melissa Lee. Come to you live from Studio B at the NASDAQ on the desk tonight.
0:38.3	Tim Seymour, Karen Feynman, Dan Nathan, and Guy Adami. We start off with the very latest on the
0:42.7	president's tariff, tit for tat. Markets seem to breathe a sigh of relief after Trump's signed
0:47.1	memorandum laying out his plan to impose reciprocal tariffs on other countries, but stop short of actually implementing any. The SPC closing within a whisker of a record.
0:56.5	The NASDAQ jumping a percent and a half and the yield on the 10-year treasuries, dropping
0:59.9	10 basis points.
1:01.2	For more on what we heard out of the White House today, we are joined now by Amen Jabrins.
1:04.5	Amen.
1:05.4	Hey there, Melissa.
1:06.3	Well, take a live look.
1:07.4	We've got tape feeding in right now of President trump and narendra moody the prime
1:11.4	minister of india they are meeting at the white house today just a few moments ago they sat side
1:17.5	by side in the oval office took a few questions from the pool we'll update you if there's any news
	...

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