live from the nasdaq market site overlooking new york city's times square, i'm melissa lee. tonight on "fast" the tech rally is rolling on as the nasdaq leads the dow and s&p 500 in gains for the year if you missed the run, the chart master said there is one stock to help you play catch-up. >>> plus lyft will have its public debut this month. first, we start kicking off march in the green it has been the best start to the market in nearly 30 years. the nasdaq with a ten-week winning streak and the s&p closing above that key 2800 level. so with spring just around the corner, is an even bigger rally blooming and what will take this market the next leg higher tim seymour. >> is that why we're getting vivaldi here so what does the market need we can't see rates which went from the low endi of the range, we're now above 2.75 on the 10-year. we got some comments by dudley this morning, something about the dog that doesn't bite in terms of inflation but that the fed could start to hike in the second half of the year. that's what worries me we stay range bound between 2.75 and 3 or

i'm melissa lee. we've got a rally on the street today. dow getting a nice lift from boeing that's a nice change boeing shares higher on reports it will roll out a software fix for the 737 max in the coming weeks. in the meantime, the s&p 500 and nasdaq on track for their best weeks of 2019 and both aiming for their highest closes since early october. kelly? >> melissa, thanks let's get straight to bob pisani on the floor of the new york stock exchange look at the rally today. bob? >> and the important thing is we have broken over the 2815. fell five times in the range in the last five or six months as you heard from melissa if we close here, a technical breakout essentially only 4% from historic highs on the s&p 500. there's 2820 we hit that important level. that was this afternoon. you see the rally, right there technicals do matter at this point. what's happening this week though is tech is really happening and helping. broadcom really helping the semis moving up here if you get apple, microsoft, cisco, when they're all up 5% or more, l

hey, rick. >> hi, melissa lee you are spot on.alk about heavy lifting, it seems as though the stocks pushed higher and they are dragging the rates with it all maturities with high yields, even at 253 for tens, it's unchanged and three basis points beneath the breakout level we went through like a hot knife through butter after the fed meeting. look at the hyg, for high yield. it's the highest level since october. why is that important? you see what happens when we get nervous. it goes down there's not a lot considering lower rates and rising stock market look at the euro verse dollar. it's a one week chart. the dollar is the surprise strength and the euro is giving it back, not only the euro, look at the pound versus dollar a lot of dynamics moving the pound. we wiped out all of them against the dollar overnight kelly, back to you >> thank you, rick the fed signals no more rate hikes this year. is this game changing for the market let's bring in jack, founding partner and jeff, chief global investor for charles schwab. welcome to

. >>> just about 30 minutes to go until power launch i'm joined by melissa lee. >> this is the one we were just chatting about, conscious investing. did you ever watch your portfolio with your values >> better than unconscious investing. >> apparently medal enamels do so john hancock is launching this platform called coin which allows people to pick three impact areas pick three and drum up this diversified portfolio for you. so here's a quiz cisco, which category? >> tech company. what basket would that fall under. three choice goender equality, climate action or clean water >> gender' callity >> winner! we go through what companies fall into various target, how much it costs and whether this is a good thing for your portfolio. >> who is keeping track of whoa is in or out and why, how much that will cost we'll see you then >>> we have a news alert on the fda. >> reporter: hi, kelly scott gotlieb announced they are taking forceful new action against retailers and manufacturers to fight against access to e cigarettes and youth access to e cigarettes in his release he mentioned walmart.

i'm melissa lee. let's get you caught up on the markets here s&p 500 and nasdaq for the second straight day. two day gains since the end of january. boeing, biggest drag on the dow. stocks sinking more than 7% this hour shaving off about 200 points from the dow all on its own but amex and visa, apple we begin with the latest developments with boeing and 737 max 8 jet. europe now suspending all operations on these planes let's get straight to philip lebeau for the very latest in chicago. phil >> reporter: melissa, the u.s. as well as north america, stands alone relative to the rest of the world when it comes to grounding or not grounding the boeing 737 max line of airplanes. the latest is we now have 32 airlines comprising 58% of the 73 max global fleet. those are grounded most notably within the last hour, european union as well as china, australia, you've got a number of other countries in asia that have decided they don't want this plane flying right now. what about here in the u.s.? american airlin

i'm melissa lee with tyler mathisen new concerns about global economic weakness. the ceo of american airlines, his stock down 40 plus percent in the last year can he turn things around? the latest on trade. the china deal and new nafta from a congressman who met with robert lighthizer today. "power lunch" starts right now >> hey, everybody. how are you? welcome to "power lunch. down day for stocks. off the worst level of the day, we should point out. fears about a global economic slowdown that is the predicate today for why stocks are lower biotech defense, banks, all headed for their worst week of the year so far. but utilities in real estate, the defensive sectors, still riding winning streaks right now, as you see there. investors on edge, kelly >> yes, they are, ty fears of a global slowdown are growing. you can hang today's concerns on mario dragi and the ecb. the floor of the new york stock exchange with more bob? >> hello, kelly. will the central banks cop to the -- come to the rescue of the markets? we had a fed pivot to a dovish stance today, we have thee

i'm melissa lee with tyler mathisen boeing down this hour.nother fatal crash with the most popular jet just how safe are these planes and how big of a problem is this going to be for boeing going forward? this historic bull market turns ten. keep calm and carry on what investors should expect from here. and apple rallying big today all the negativity now priced in "power lunch" starts right now

see you in a moment or two i'm tyler mathisen with melissa lee.charging again. should you jump on back of the bull and ride the rally or the gains almost done? plus, facebook flounders the shares there dropping as two top executives leave are more departures coming what does it mean for the company? a thousand an hour to help your kid get into college the booming business of college entrance consultants "power lunch" starts right now >>> welcome to "power lunch. i'm melissa lee. we've got a rally on the street today. dow getting a nice l

i'm melissa lee.

i'm melissa lee. here's what else is coming up on "fast. >>> you're a fake and a phony and i wish i'd never laid eyes on you >> whoa! >> wall street's most hated stocks are surging we'll tell you the names that are shredding the shorts, and which ones the traders are buying >>> plus, a big pot deal setting the marijuana space on fire. it could be just the beginning of a takeout frenzy. elg ceo of the cannabis company fuinthe flames will be here to explain much more "fast money" after this es. you've worked hard to grow your wealth. make sure you're working with a wealth manager who can grow with you. cfa charterholders have the investment expertise to unlock opportunities other advisors might not see. learn what a cfa charterholdr can do for you at therightquestion.org >>> welcome back to "fast money. a hot trend taking hold of wall street as investors show some love to the most hated stauocks this year. let's get down to bob pisani with the details. >> hello, melissa. some high interest stocks are so

i'm melissa lee. tonight on "fast" it is the semis fall from grace. the group getting hit hard today. check out these names, all down nearly 50% from their 52-week highs. we'll tell you what that means for the market. >>> plus biotech getting slammed today but a top analyst says more deals are coming. he'll give u his four take-out targets. >>> we start off with high hopes. while the market is stalling, a number of mega cap stocks are going up, up and away. in the past week starbucks, mastercard, proctor & gamble, nike and boeing all going higher >> right out of the gate. >> trade it or fade it tim, we start with you pressure is on you starbucks just hit a new high today. trade it or fade it? >> trade it. i know how to play this game the problem here, the valuation is one that i think is fair. i think in the environment also labor costs hurt starbucks as much as everybody. u.s. comps have suddenly turned a corner the company has been very focused on some cost cutting and mau margins in the u.s i think the story with china is the wild card and that's t

i'm melissa lee with tyler mathisen boeing down this hour. another fatal crash with the most popular jet just how safe are these planes and how big of a problem is this going to be for boeing going forward? this historic bull market turns ten. keep calm and carry on what investors should expect from here. and apple rallying big today all the negativity now priced in "power lunch" starts right now >> good afternoon. welcome, everybody, to "power lunch. i'm tyler mathisen odd kind of trading day. boeing, of course, weighing heavily on the dow as it has all day long, but most of the stocks in the dow, the 30, led by apple, 3m, coca-cola, all rallying s&p 500 soaring more than 1% almost 2% gains for the nasdaq composite, as you see there. 1.87 nasdaq, 100 on pace for the best day since mid february apple, microsoft, amazon, facebook, they are leading the way. and leading our coverage is bob pisani at the nyse bob? >> tyler, we had boeing cutting its losses in half essentially and that's why the dow has rallied here and look at boeing, you could s

live from the nasdaq market site overlooking times square, i'm melissa lee. check out shares of micron that stock is volatile after reporting earnings moments ago that conference call is under way. we'll bring you the latest details. >>> plus tony dwyer says almost nothing will bring this rally to a screeching halt as stocks reach for all-time highs but we start off with the market, stocks sinking as the federal reserve says rate hikes are off the table for the rest of the year. the dow was down 150 points. take a look at some of the big movers the dollar got crushed it's kind of like a game of choose your own adventure. >> i love this >> this is a new game. >> these are like your tea leaves these are like your tea leaves read them, interpret them as you will guy adami -- >> before this whole "fast money" thing i used to have a job and used to trade commodities. i look at what's going on and say the fed is going to effect i' ively torch the u.s. dollar. central panics will probably continue to buy gold evening the market probably stabilizes here. i'll go righ

live from the nasdaq market site overlooking times square, i'm melissa lee. tonight on the show it is make-or-break moment for the semi stocks and maybe the entire market we'll tell you what wall street is waiting for. >>> plus tesla hits the skids. the stock falling again, now down 15% this year one top analyst says it is about to get a lot worse for shareholders we start off with the big story of the day, the boeing fallout the stock down another 5% today after a number of countries and airlines ground one of its models let's get to phil lebeau in chicago who's been following every angle as it's been unfolding. >> melissa, the numbers are not good let's take a look at how many airlines or countries and regions have grounded the 737 max airplanes from boeing. 36 airlines have grounded that plane. that amounts to about 64% of the global fleet in terms of countries or regions, we're not going to list them all because it's too long of a list. you've got the european union, china, australia, india, that's just a few of the countries that have said we don't want

live from the nasdaq market site overlooking new york city's time square, i'm melissa lee. check out shares of fedex. the stock is sinking after hours after the conference call is kicking off in 30 minutes. we'll tell you what to watch. >>> plus netflix fighting back as apple gets set to launch its streaming service next week. how big of a threat is apple to netflix, the streaming dynasty the traders weigh in. >>> the fed decision tomorrow could bring the bears out of hibernation as stocks inch back toward all-time highs. the fed has put the chances of a rate hike on cold. the chance of a rate cut is rising all these statements calmed the markets initially but is the fed out of tools to keep the bulls happy? could a fed that's too dovish sounding, will that spark fear on wall street. >> two-part question are they out of tools -- >> if they turn too dovish is that actually bearish. >> great question, mel that's a great -- one of your better questions maybe of all time to answer the first part, no, they're not out of tools b.k. can speak far more intelligently than i about th

live from the nasdaq market site overlooking new york city's times square, i'm melissa lee. check out shares of wells fargo. that stock is up about 3%, 2.5% after hours. ceo tim sloan says he will step down from the company. we'll bring you all the latest details. >>> plus we are waiting pricing for lyft which is expected any moment as the company gears up for its debut tomorrow we've got full team coverage as the action unfolds. >>> first we start off with a rockin' retail the group of stocks. check out some of the biggest winners, ulta beauty, target, best buy, tj maxx and costco recession fears tending to weigh on the minds of consumers. so can the retail rally rage on in this environment? are there any bargains out there, guy sd. >> welcome back. >> thanks, i'm glad to be here. >> brian was here. scott as sick yesterday. it feels like a warm blanket when you're back what's the question? i'm kidding. one thing i've learned over the year is never underestimate the u.s. consumers' want to spend. as long as the market is okay, which it now has been the last couple of months,

live from the nasdaq marked site overlooking new york city's times square, i'm melissa lee. tonight on "fast" netflix shares are surging leading the pack of faang stocks and one analyst says this is just the beginning of total domination. >>> plus take a look at this mystery chart. it is a chart wall street cannot stop talking about and could spell big trouble ahead. >>> fist, we start off with docks surging. the dow up 200 points adding to the year's rally the market is now on track for its best start to the year since 1998 it's not just here in the u.s., emerging markets are breaking out too. the eem etf is up 11%. and china doubling down on its fiscal stimulus saying it will cut into its own flesh, those are the words of the premier, to support economic growth this year wefrg looki with everything looking pretty awesome, did investors just get the all clear to buy stocks, guy? >> usually one question i can handle cut into your own flesh to make sure there's economic growth. >> they will do everything they need to do. >> i said to myself if there's about to be a trade deal

live from the nasdaq market site overlooking new york city's time square, i'm melissa lee. tonight on "fast" check out shaz of costco jumping 4% after reporting earnings moments ago the conference call is kicking off right now and we'll bring you the latest details. >>> we are going yield hunting the traders tell you the names they think have more room to run. >>> first we start off with the market sell-off. stocks getting slammed, down more than 300 points, the market now on track for its worst week of the year. we are starting to see cracks in the market spreading transports now down for the tenth day in a row, the worst losing streak in a decade. smock caps are getting smacked, faller deeper into correction tore toer territory and the chips are getting crushed. is it a sign that the worst is still to come? how bad can things get >> think about how good things were i think this is a case of we oversold, overbought, et cetera. the market over the last few days is telling you it's very concerned about growth it's not worried about inflation, not worried about trade, it's wo

live from the nasdaq market site overlooking new york city's times square, i'm melissa lee. the dow surging today to ending the quarter, having its best start to the year since 2013 if you missed the party, don't worry. the chart master will tell you the one stock to buy to catch this rally. >>> plus the worst performing sector so far this year. check out some of the losers the traders will tell you which ones are beaten down buys. >>> lyft making its public debut right here at the nasdaq let's go out to deidre bosa for all the details. >> hey, melissa, that's right. shares of lyft popping more than 8% on its debut. that's a good signal for the company and a good signal for the ipos to come of course this story is just getting started. remember, snap on its firs paumd nearly 50% and a few months later it was below the ipo price. groupon, another hyped-up tech name that was loss making and profitable it surged 30% in its debut and just a few weeks later it had lost all of those gains. now, the point is i don't want to be a debbie downer but the story is just getting started a

fast money" does begin right now live from the nasdaq market site i'm scott wapner in tonight for melissa lee. tonight we have the ceo of taketwo entertainment, strauss zelnick here to talk about his big push into e-sports as they hosted their draft this week we do start with the global growth fears gripping wall street the dow down 200 points at the lows rebounded nicely at the close. china got slammed overnight, the u.s. added only 20,000 jobs in february, worst week of the year for stocks, as we mark the ten-year anniversary of the bull market came close to dying this fall. as growth slows around the globe, the bull looks like it could be in for another bear scare. how worried should investors be? tim, i lead you with that breaking news that these trade talks are taking longer than expected who could have thought that? >> well, i think i hear some sarcasm, scott if you throw trade dysfunction into the middle of a market getting growth signals that are very difficult, headline on today's payroll number was shocking if you look below the surface, it wasn't that bad there are some irregularit

live from the nasdaq market site overlooking new york city's times square, i'm melissa lee. coming up on "fast" the suspense is building ahead of apple's big product launch on monday we'll give you a sneak peek on what to expect. >>> semi stocks taking it on the chin today but still on track for the best quarter in decades. one uft traders says the chip rip is just getting started. >>> the dow sinking 460 points, closing at the lows of the session. the s&p and nasdaq both down 2% as all the major indices have their worst day since early january. this nightmare on wall street could all be thanks to this one spooky chart check out the yield curve, the spread between the u.s. 10-year yield and 3-month treasury bill inverting for the first time since 2007 as the threat of a recession rears its ugly head. financials getting crushed, down 3% today alone so is this the start of a bigger sell-off how worried should we all be, guy? >> hi, mel. >> hi. >> so the yield curve has been concerned for the last six to nine months. obviously today when it goes inverted we're making a big deal

i'm becky quick along with joe kernan and melissa lee andrew is out this week.he markets are watching the fed today. central bank will be wrapping up its two-day meeting with chairman jay powell holding a news conference. all of which you can see right here on cnbc meantime take a look at the u.s. equity futures yesterday towards the end of the session you did see pressure on stocks as there were concerns about what would happen with the trade talks with china none of that has been cleared this morning, but you do see things, though, that are modestly higher. yesterday the dow was down by about 26 points. s&p was down slightly, and then the nasdaq was up by just under ten points dow ended a four-day winning streak s&p was down for the first time in three sessions. nasdaq was up for the third time in a row, and this morning things are relatively flat overnight in asia, you'll see that the nikkei ended up by .2%. hang seng was off by half a percent, and then the shanghai composite was flat, and then in europe where the early trading hours are already taking place,

. >> be like melissa lee one day. >> whoo! thank you for watching. >> have a great weekend, everybody. "closing bell" starts right now. ♪ >>> happy friday, everybody. welcome to "closing bell." i'm sara eisen. >> i'm wilfred frost it's a rough week for facebook the stock falling some 2% so far this week and today on a slew of negative news. we have executive editor cara swisher to break it down. >>> tesla also falling today the company unveiled the new model y suv last night is the tesla hype waning an analyst took it already for a test drive. >>> on the markets, set to cap off a pretty strong week with gains across the board we have really lifted nicely throughout the session with the dow up 153 points. or .6% nasdaq on track for the best week of the year of 1% gain today. so we are looking strong going into today got a mixed batch of economic data and the markets lifted. >> absolutely. up 4% for the week as a whole is the nasdaq let's dive boo the chip stocks first of all soaring today. bertha coombs at the nasdaq with more

i am jon fortt with melissa lee and contessa brewer. carl is on assignment.is morgan brennan she's at the pentagon ahead of her interview with the u.s. army secretary taking place the bottom of the hour more from morgan in a minutes. we begin with boeing as the uk joins a lit of other countries in grounding its 737 max jets. phil lebeau joins us from chicago. what's the latest? >> it is a morning we heard from more aeriairlines and countries. there's a report from german tv the transportation minister in germany says german air space is shut to 737 max-8s that's some of what we're seeing today. when you look at the cascading number of announcements today, let me bring you up to speed in terms of how many airlines said they'll ground the max 8 and what percentage of the global fleet it represents. you're looking at 27 airlines around the world that's out of 46, 47 airlines that have the max 8. 48% of the global fleet. that's how many of the planes are now grounded, uk, malaysia, singapore, australia all saying they'll no longer allow the max 8 to be flown in t

i'm melissa lee with tyler mathisen new at 2:00, the race to go public lyft filing for an ipo inside their financials and what it means for uber in the ipo pipeline amazon planning to open dozens of grocery stores. stocks in the sector are dropping walmart and target could be impacted too markets having the best start in almost three decades "power lunch" starts right now >> and welcome everybody to "power lunch" for a friday i'm tyler mathisen stocks are higher to kick off the new trading month. can you believe it is the first of march we are well off the highs as you see there. 72 points higher in the dow. it was up almost 230 points earlier. once again, dipping lower for the week, putting its nine week win streak now in danger we'll see where it finishes up in the meantime, nasdaq will post its tenth straight week of gains if it can end higher today and right now, it is up by about 50 points. kelly? >>> we begin with the news that lyft has officially filed to go public let's get back to deirdre bosa with the details from san francisco. bob pisani also at the nyse with what it mean

. >> i'm melissa lee with tyler mathisen who says venn imis bad should you get in on the action? shares are on track for the worst day in more than a decade. fed fallout. no more rate hikes a big chunk of the dow coming from apple "power lunch" starts right now as we said, the bulls are out. the bullish mood is a perfec

"power lunch" starts now >> i'm melissa lee with tyler mathisen president trump's top economic adviserwith us here live. he just said he wants the fed to cut rates now by 50 basis points and we'll ask him more about that and out of the gate, lyft, will it limp into the close in a bull market, in like a bear, out like a bull. stocks with best quarter in more than a decade. last trending day of the quarter said to duoogo out on a high no. triple digit rally for the dow right now. "power lunch" starts right

i'm david faber with melissa lee and mike santoli sere i sara eisen has the morning off we're a halfding a mixed bag really because of the performance of boeing which is a key component of the dow. pressuring that overall. but let's say the market is up and our road map does start with boeing piling on moments ago the uk announces it will be the latest country to ground boeing 737 max 8 jets we'll bring you more on what is a rapidly developing story >> plus, president trump unveils his record $4.75 trillion budget we'll break down the increases and decreases in spending. >> and senator warren goes after big tech now they seem to be going after her. facebook deletes and then restores warren's ads. we've got the details. >>> but we begin with boeing the uk, australia, singapore and malaysia are the latest countries to ground the company's 737 max 8 jets, despite an faa statement saying the planes are safe to fly phil lebeau is in chicago with the very latest. >> this is a ground swell that we're seeing around the world, not only airlines but also countries who are saying shut down this

i'm melissa lee along with david fash and mike santoli live at post nine at the new york stock exchangeg session. let's get a check on where we stand in the markets off the session highs off the back of disappointing ism manufacturing as well as michigan consumer sentiment data the dow jones industrial average up by a third of a percent or 85 points the s&p up by 11.5 and the nasdaq is higher by 30 financials, the leadership group in today's group session of 1%. >> new york governor andrew cuomo confirms he's been trying to win back amazon after the company ditched plans to build part of its hq2 project in queens, but is it worth the effort scott cohn joins us for more at an amazon facility in silicon valley with the latest hi, scott. >> reporter: hey, there. that effort is considerable, not just cuomo's personal appeal but this full-page ad in the "new york times" on the off chance that jeff beesos reads a print "new york times. it's signed by more than 75 leaders from business, labor, government, the clergy an open letter that says opinions are strong in new york, sometimes strident w

i'm melissa lee with tyler mathisen new at 2:00, the race to go public lyft filing for an ipo insidecials and what it means for uber in the ipo pipeline amazon planning to open dozens of grocery stores. stocks in the sector are dropping walmart and target could be impacted too markets having the best start in almost three decades "power lunch" starts right now >> and welcome everybody to "power lunch" for a friday i'm tyler mathisen stocks are higher to kick off the new trading month. cau

i'm melissa lee with tyler mathisen new concerns about global economic weakness. of american airlines, his stock down 40 plus percent in the last year can he turn things around? the latest on trade. the china deal and new nafta from a congressman who met with robert lighthizer today. "power lunch" starts right now >> hey, everybody. how are you? welcome to "power lunch. down day for stocks. off the worst level of the day, we should point out. fears about a global emi

on these votes and delays is good but the pound seems to like it best year since mid level 2018 melissa leeback to you >> rick santelli, thank you. >>> beto o'rourke throwing his hat into the ring for president. how will hdiertie e ffenat himself from a crowded field of democrats? up next on "power lunch. in the transportation industry without knowing firsthandness the unique challenges in that sector? coming out here, seeing the infrastructure firsthand, we can make better informed investment decisions. that's why i go beyond the numbers. thithis is the invitationo a higheto lexus sales event. lease the 2019 es 350 for $379 a month for 36 months. now thru march 31st. experience amazing at your lexus dealer. for just $39.00 ? yup that's what we do. and you guarantee they'll get there? yup that's great! i have two sets. you know ship sticks only ships golf clubs? right? honey are we there yet? umph! ship sticks. that hurt. you should be mad at airports. excuse me, where is gate 87? you should be mad at non-seasoned travelers. and they took my toothpaste away. and you should be mad at people

. >> i'm melissa lee stocks deep in the red trade talks near the finish line what is worrying wall street we'll break that down. the ten year anniversary of this historic bull market how much longer will the record run keep going and the next hot pharma stocks to buy right now, a number of them are actually rallying in the red tape today we've got the list "power lunch" starts right now >> indeed it does begin right now, melissa, thanks very much welcome, everybody, to "power lunch. i'm tyler mathisen an early rally quickly fading this day stocks now in a deep sell-off as you see with the dow down 275 and biggest one day drop at five weeks. down more than 400 points was the dow at its low wall street, so-called fear index has hit the highest level in about two weeks transports now trading in correction territory, small caps are close to correction territory. kelly? >> the swoon started around noon and bob pisani tracking the action from the new york stock exchange bob? >> reporter: this is the kind of action that indicates market exhaustion at least for the moment here. a big rally partly

"power lunch" starts now >> i'm melissa lee with tyler mathisen president trump's top economic adviser larry kudlow with us here live. he just said he wants the fed to cut rates now by 50 basis points and we'll ask him more about that and out of the gate, lyft, will it limp into the close in a bull market, in like a bear, out like a bull. stocks with best quarter in more than a decade. last trending day of the quarter said to duoogo out on a high no. triple digit rally for the dow right now. "power lunch" starts right now >> hi, everybody and welcome to "power lunch. i'm tyler mathisen let's get to the big stock story this hour and that is and continues to be lyft the shares losing steam with two hours left in the debut day of trading for that company seema mody tracks the action from nasdaq. deirdre bosa in san francisco taking a look at the next battle front between lyft and uber and dominic chu at the new york stock exchange looking at what today means for the next round of ipos and the next catalyst for this incredible bull run seema, kick it off. >> tyler, an active day here at th

i'm becky quick along with joe kernan and melissa lee andrew is out this week.g the fed today. central bank will be wrapping up its two-day meeting with chairman jay powell holding a news conference. all of which you can see right here on cnbc meantime take a look at the u.s. equity futures yesterday towards the end of the session you did see pressure on stocks as there were concerns about what would happen with the trade talks with china none of that has been cleared this morning, but you do see things, though, that are modestly higher. yesterday the dow wa

. >>> i'm melissa lee along with tyler mathisen the market flashing the biggest recession sign since before the financial crisis could the avalanche of ipos be the last great hope for the bulls or signaling a top here. >>> record flooding across the midwest decimating america's farm industry and it may get a lot worse. we're live on the ground with the very latest and the impact on the farmers, as well as the u.s. economy >>> mortgage rates sinking to new lows here as we sit down in the crucial home buying season the spring selling season. how low will rates go? "power lunch" starts right now >>> and welcome, everybody, to "power lunch." i'm tyler mathisen glad you could join us on this friday afternoon a selloff day on the street. we are now near session lows the dow, s&p 500 and nasdaq having their worst drop since the very beginning of the year small cap stocks getting crushed today. the russell 2,000 is down about 3% and also on track for its worst day of 2019. but everyone is watching the big move today in bonds. and it is a significant one. treasury yields plunging a couple of

as always live from the nasdaq market site in times square, i am brian sullivan in for melissa lee. it is what steve grasso is calling the most important chart in the market right now. how's that for a tease grasso will reveal what that is. >>> plus, the ipo frenzy beginning to heat up lyft set to make its trading debut on friday. former home depot ceo bob nardelli says now is the perfect time to go public. >>> the stocks seemingly slugging off global recession fears at least for now the dow surging 250 points at the high of the session. we ended up around 140 points. the s&p and nasdaq both climbing just about 1%. it was energy that was the real standout today it was the best performing sector today and it added to a 15% gain this year all this as crude oil soars, crossing back above $60 a barrel brian kelly, you say this is the single biggest risk to the market rally right now. >> yeah, absolutely. >> why, and what are you watching >> in markets you never get hit by the bus you can see we can see what's going on with the fed, the markets reacted to that where else can we have that

live from the nasdaq market site overlooking new york city's times square, i'm melissa lee. tonight on "fast" check out shares of nike getting knocked down after its earnings report the company call kicking off right now. >>> plus levi strauss wowing wall street as it makes its public debut that stock soaring more than 30%. we'll tell you what the jean dream means for the other unicorns waiting in the wings. >>> the dow, s&p and nasdaq all up 10% as the 10-year yield hits its lowest level since january 2018 there is one group of stocks getting absolutely turbocharged and that would be tech the sector soaring more than 2%. just within striking distance of an all-time. the semis going absolutely wild. apple also getting a huge boost, closing the day higher by 4% as yields come under pressure, is that growth trade back on can tech take us back to new highs? guy. >> it's clear people are going to reach a lot of these stories make sense. steve has talked about amazon. i think there's names we don't talk about all that much that got throttled last year on the back of this china tr

. >> "fast money" starts right now live from the nasdaq market side i'm melissa lee. thank you for joining our guests tonight, the market selling off today. top strategist says don't stop buying stocks. he'll explain why he thinks the bull run still has legs. plus, f-a-a-n-g bites back they're holding up to day in the carnage. wall street is betting this trade has a lot of fight left in it we have details. first, we start off with the market selloff the dow down 400 points the lows of the sessions. worst session of the year despite the u.s. and china inch is cloeger ser to a deal. s&p 500 up 11%, surging back from december lows failing at the key 2800 level since the market high. so this is one of the few selloffs we've seen this year. should you be buying this dip? is there more pain ahead >> give the bear some food to say this is a worrisome day for me is an understatement. you say maybe this is all we got. look at volatility we had the biggest move intraday su since january 4th. peck look at the construction spending number that was out this morning on a week when

live from the nasdaq market site overlooking new york city's times square, i'm melissa lee. we are just hours away from tesla's big reveal of its new crossover suv, but will it live up to the hype gene munster will be here. >>> check out shares of ge surging today. the stock is on track for its best quarter ever, jim cramer just sat down with larry culp. >>> apple launching a new advertisement all about privacy. let's get to josh lipton in san francisco with the details. >> melissa, apple just introducing a new commercial focused on privacy it's going to roll out across the u.s. through march madness and focus on privacy apple is going to hammer home a codifferentiator for the company that it sells hardware, and that apple can be trusted with your data privacy we knowthat's an issue front and center for investors and consumers. "the new york times" just reported that prosecutors are conducting a criminal investigation into data deals that facebook made with 150 companies, including microsoft, amazon and apple though apple will be quick to point out that its users always had

. >>> i'm melissa lee along with tyler mathisen the market flashing the biggest recession sign sincee the financial crisis could the avalanche of ipos be the last great hope for the bulls or signaling a top here. >>> record flooding across the midwest decimating america's farm industry and it may get a lot worse. we're live on the ground with the very latest and the impact on the farmers, as well as the u.s. economy >>> mortgage rates sinking to new lows here as we sit down in the crucial home buying season the spring selling season. how low will rates go? "power lunch" starts right now

right now live from the nasdaq market site in new york city's times square i'm scott wapner in for melissa lee. tim seymour, steve grasso, dan nathan and guy adami ahead on "fast," financials under fire the group sinking deeper into correction as the ten-year yield hits its lowest level since 2017 and the top technician says there's more pain coming and what to buy instead. the dow on track for its first down month of the year more volatility, guy says this stock right here could be about to break out but we start where else, apple. hosting a star-studded event with a new streaming service, gaming services and credit card. josh lipton has more from cupertino. >> the star of the show had to be that new video streaming service. it's called apple tv plus. >> we partnered with the most thoughtful accomplished and award-winning group of creative visionaries who have ever come together in one place to create a new service unlike anything that's been done before. [ applause ] apple tv plus. >> so this new service, scott, will feature original show, movies and documentaries from hollywood superstars w

live from the nasdaq market site in times square, i'm scott wapner for in melissa lee. ahead on "fast," the s&p on track for its best quarter in years and a handful of stocks have gone parabolic. we'll tell you which ones have more room to run. >>> check out lululemon soaring after its earnings report tonight. that stock up more than 100% over the past year we've got those details coming up we start with a big reversal for stocks today the dow swinging more than 300 points as the bond market continues to wreak havoc on wall street the 10-year yield sinking to its lowest level in 14 months as the yield curve continues to flatten. even utilities falling today should you shake off the growth fears? and what is safe to buy? guy. >> again, welcome back day two of this week i know you're playing hurt, so kudos to you. >> thank you thanks for looking out. >> so are the growth fears overblown? well, we talk about them a lot but are they overblown no, not at a vix of 15 and not when the s&p 500 is within 4% of the all-time high this fall. the market doesn't seem all that concern

> live from the nasdaq market site overlooking new york's times square, i'm scott wapner in for melissa lee tonight on "fast," stocks stalling out, but ubs's keith parker says don't worry, new highs are coming he'll tell you where to find the best bargains in the market. >>> plus the ge shocker, the stock falling back below $10 a share. we'll tell you what the ceo said not that long ago that has investors so worried. >>> first, we start with global growth fears weighing on the mind of investors. kyle bass just the latest to sound the alarm. listen >> so it looks to us like southeast asia is headed for a recession in 2019. europe is headed for a recession in 2019. and the u.s., the kind of fiscal impulse from our tax stimulus is going to be wearing off towards the end of 2019, where i think the u.s. will -- you know, the world will not have a recession and the u.s. keep growing, so i think you're going to see the u.s. have a minor -- a minor pullback in 2020. >> are you betting on u.s. stocks >> i'm not i think given the scenario that i just gave you, what i think is likely to happen is u.s.

i am jon fortt here at the nasdaq market site, overlooking times square morgan brennan and melissa leeh me. carl has the morning off we are awaiting opening trade in lyft which could happen any minute >> as weawait that, it is a highly anticipated wave of unicorn ipos lifting off this morning, pun intended, with ride hailing service lyft above the initial range of $72 a share, valuing the company more than $20 billion full team coverage and analysis for you as we await that opening trade. seema mody tracking the action at the nasdaq. deirdre bosa, and we are going to begin with seema mody as we close in on opening trade. >> morgan, the market is open about an hour and a half awaiting lyft to open. we are getting an indication from jay heller, the chief ipo tell us, 88 >> i mean, right now the book, settling into a range of 85 to 90 it is still very early 2.9 million shares we will keep building, take our time this will not be a sprint. >> 85 to $90 that's the indicative range at this point only 6 million shares have priced talking about 35.2 million shares have to be priced this is cer

. >>> just about 30 minutes until power lunch and joined by melissa lee to talk about the tesla debutthe latest vehicle. >> as if they didn't have enough on their plate in terms of s.e.c. investigations. it's interesting because the tesla theory goes way on the bullish side or bearish. the bullish side is great it's a crossover unit that everybody wants particularly in the united states great growth for the company the bears though will say, they barely ramped on the model 3 here and maybe this is a sign by pushing the model y unveil that there is waning demand. >> and demand for tesla, all about the growth whatever problems or things they have it's fundamentally desired as a growth company. >> in order to have a growth multiple of you have to have the growth petitions that's the thing. >> we'll talk tesla. see you then here is what's ahead on the exchange. >> coming up, reit, housing, the market and more. an exclusive with bank of america ceo brian moynihan plus, in rapid fire, a change of heart on snap? beto's big bucks rkgi mke my data, but vee pes. you still stressed about buying

i'm joe kernen along with andrew ross sorkin and melissa lee.sitive. up about 18 or so points first thing in the morning, they were down about 50 in terms of an implied open. they've turned around with the nasdaq now gaining as well and the s&p indicated up four and change and the dow is up in spite of five or six more points indicated downward pressure from boeing which is 30, 40 points on the dow. you could read that as up as 40 or 50 if it wasn't for boeing on the dow. >>> here's what's making headlines at this hour boeing indicated lower after an 11% drop over the past two days. a number are calling for the faa to ban the 737 max 8 jet but the faa maintains it is airworthy. the voice recorder from the crash in ethiopia does not indicate any external problem. we'll have much more on this coming up. >>> spotify has filed a european union complaint against apple. they said apple has abused the dominance of its app store over spotify. >>> another economic report is coming up in just about 90 minutes' time. durable goods at 8:30 eastern time and

i'm joe kernen along with becky quick and melissa lee. the futures are -- they've been up triple digits. they've been up 125, 130 now they're up 113 or so on the dow. the s&p up 12.5 points indicated and the nasdaq indicated up 33.5 treasury yields were back up to 2.6% on the 10-year earlier today. 2.6% exactly yesterday i hadn't thought of resurgent inflation and boockvar was talking about that we're seeing so much that could actually be good because the long end, we know the short end is going to stay where it is not seeing any of it though. but a steeper yield curve will probably allay some recession fears and allow sarat's group to do a little bit better than it has. >> all right a few stocks on the move this morning. let's check out shares of tesla. the s.e.c. says in a filing that elon musk has not sought approval for any tweets since striking the settlement with the commission they're looking to hold him in contempt of court. that stock now off by $1.50. and gm, the company is keeping quiet about its plans for its stake in lyft as

i'm becky quick along with mike santoli and melissa lee. the chairman of equity group investments. he's got a lot to say, as you've heard. we're going to get to him in a moment in the meantime, let's look at the futures. it looks like the dow futures are down by 30 points. the nasdaq down by 11. if you look at what's been happening in the treasury, at least the 10-year is indicating 2.708% sam, real quickly, have you changed any of your perspectives on whether you think the market is a good place to be, real estate is a good place to be now that the fed looks like it's on hold >> i actually viewed the fed raising rates as a positive. and i'm not sure that it's backward notion here is a positive thing for the economy >> you said in the past you wanted the fed to raise rates -- >> we needed to create a sense of urgency i think we have an environment right now where things are pretty pricey. and the prospects of future growth are undetermined at this point. if we had a more determined future growth, we'd have higher interest rates >> we're goi

live from the nasdaq market site overlooking new york city's times square, i'm melissa lee. out shares of wells fargo. that stock is up about 3%, 2.5% after hours. ceo tim sloan says he will step down from the company. we'll bring you all the latest details. >>> plus we are waiting pricing for lyft which is expected any moment as the company gears up for its debut tomorrow we've got full team coverage as the action unfolds. >>> first we start off with a rockin' retail the group of stocks. check out some of the biggest winn