CNBC Fast Money July 7, 2024
higher, and can this momentum last? this is nasdaq money, tonight, we will see more in depth selloffs, major averages, closing near the lowest of the day, the dow is down nearly 500 points, the biggest loser is the nasdaq, dropping nearly 3 percent. drying out the industry of big tech. take a look at the stocks of amazon, tesla, these companies cost an estimated $350 million investment today. are we in for even more pain ahead? >> it is a bit of a head scratcher. i think the consensus is that the market was really oversold, we had that rebalanced late last week, and people thought th...