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Mim im melissa lee, this is fast money. Everyone here inhouse we start with the potential warning signs of the market. Major indices with solid gains the do w adding 400 . The nasdaq, not far behind but not everyone came along for the ride check out apple, pulling back more than a percent and a half today. The worlds Biggest Tech Company is now more than 9 off its alltime high hit in midjuly. Thats not all microsoft managed a gain today, but down 10 from its record high last month. So, is this c...

The s p hitting another record high yesterday. The 16th of this year. The s p futures indicated up 12. Dow futures indicated up 27. Nasdaq futures are indicated up, too. This comes after gains for the s p and nasdaq of more than 1 . Pushing both indexes to record highs. Dow closing higher. It was up 130 points yesterday. A lot of this came after what we heard from jay powell. He was speaking again before congress and yesterday he said this is key. Yardeni pointed this out. Powell said we are wai...

Nearly 2 billion eu fine, while two new notes say, hey, dont worry. They suggest an apple comeback likely. As for tesla, well, its china struggles continue. Shipments plunging to the lowest level in more than a year. Lets begin with the markets entering a new week with record highs, fueled once again, jim, by a. I. , which seems to be the topic of so many weekend notes the last couple days. Oh my, carl. A lot of people want to say that the whole things gotten out of control, but lets say you go ...

Emerging says one analyst and its not too late to get in on the action he is here with the trade and the upside of this industry. Now a check on the markets the major averages are rebounding, but the chart of the day right now once again goes to new York Community bank corps. Believe it or not. Down more than 40 so far on reports thousand that the bank is seeking a major Capital Infusion from outside. And thats where we are going to start with these green markets, a very deep red picture, and le...

Yesterdays drop as the yields rise, the s p and nasdaq are now on pace for their worst week since march. Interesting action in bonds as the ten gets back to 4. 2. Weird. Today we got decent productivity data, labor costs were okay, and then prices paid on the ism back to the highest levels since april. So the markets sussing out what is the inflation trend right now. Watching that inflation trend and that commentary we got from Warren Buffett and his confidence in treasuries and the fact hes goi...

Yesterday, but again we were talking about Massive Gains not just through the month of july but year to date as well well continue to keep an eye on this if youre watching treasury yields, this is where you would anticipate seeing moves if there were a downgrade if people were afraid of rushing into this. But it turns out u. S. Treasuries are still a safe haven and why the yields are still a bit lower. The 2year note trading at 4. 86 . Of course, all that related to what were seeing. Talk about ...

We have a mega deal in the oil patch. And is it the time to buy tech . Citis upgrading the global tech sector, suggesting a recent pullback might be a good opportunity. Well talk through that as well. Lets dive into the jobs number. As we said, 336,000. We were looking for somewhere in the 150,000 range, jim. Hospitality, up 96. Government, up 73. You cant stop this thing. Hospitality is very interesting because a lot of the people feel the travel and leisure bull market ended two months ago, an...

Thats where were going to start, because thats where the pain was being felt, but now services green, financials green, tech green, health care is green, as well. We were going to say tech was mostly lower, the gain in nvidia not enough, but as we said, the situation continues to change which is why we have to watch this final stretch is closely. Our talk of the tape, when will stocks stabilize . Are they in the process of doing that. Is tomorrows jobs report the key . Do we have to wait for ear...

Up his sleeve . Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, karen finerman, dan nathan, and guy adami. And we start off with a stat we havent seen since the turn of the century. The average rate of a 30year fixed mortgage climbing to its highest level in 23 years. And Monthly Payments are rising at a staggering rate. Cnbcs diana olick has the details. Diana . Reporter melissa, Mortgage Rates have been on a tear, and there appears to be no reli...

Down 1. 3 for the s p to 42. 82 the nasdaq the laggard down 1. 3 as you might imagine, big tech names are leading the way lower. Amazon, google and oracle seem 2 to 3 declines today more on that trade coming up. Also on the housing front, another weak number out today. New home sales down 8. 7 in august the Home Construction etf down nearly 9 just this month. Big bio tech mover to tell you about, soaring 90 immunovant. It could be an effective treatment to many auto immune diseases. As we mentio...