4.3 • 1.2K Ratings
🗓️ 21 February 2025
⏱️ 44 minutes
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0:00.0 | Live from the NASDAQ market site, on a day markets erased all of their post-inagoration |
0:05.1 | gains. This is fast money. Here's what's on tap tonight. A Friday fade, stocks sinking and closing |
0:10.4 | near their lows of the session, the Dow and the NASDAQ putting in their worst week of the year. |
0:14.7 | Consumer stocks, transports, big tech, seeing the biggest losses. How do you make sense of the action and how do you set up going into |
0:21.5 | next week? Well, we're going to tell you, but it wasn't all bad news. China stocks bucking today's |
0:26.0 | downtrend, Alibaba closing in on the $150 mark for the first time in over three years. But as the |
0:31.8 | recent run come too far, we'll debate it. Plus, counting down to NVIDIA earnings, housing headaches, |
0:38.6 | Royal the homebuilders, |
0:43.4 | and a market fright spot in aisle, too, why Staples cut a bid during the session. I'm Courtney Reagan in this evening for Melissa Lee, coming to you live from Studio B at the NASDAQ. On the desk |
0:48.3 | tonight, we have Tim Seymour, Karen Feinerman, Courtney Garcia, and Steve Grasso. But we're going to start with a sea of red on Wall Street. |
0:55.5 | The market sell off intensifying throughout the session as weak data on consumer sentiment and a huge drop in United Health weighed on the markets. |
1:03.0 | The Dow plummeting nearly 750 points, seeing its worst day since December. |
1:07.8 | UNH responsible for 30% of that loss. We'll have more on that in just a few. |
1:12.0 | But take a look at some of the other big losers today. |
1:14.6 | Discretionary stocks, the biggest sector laggard led lower by casinos, cruise lines, and more. |
1:20.4 | Industrials also taking it on the chin with GE-Vernova, Old Dominion and United, seeing |
1:24.8 | outside drops. |
1:26.1 | And take a look at Meta. |
1:27.3 | A week ago, it was writing |
1:28.6 | historic 20-day win streak. We were talking about it here a lot, and now it's down four days in a row |
1:33.4 | and taking the rest of the Mag 7 down with it. All this action coming ahead of Invidia's fourth |
1:37.9 | quarter results on Wednesday, the last of the mega-cap names to report. That stock now just barely |
... |
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