from studio b at the nasdaq on the desk tonight -- tim seymour, karen finerman, carter worth, and steve grasso the s&p surging morethan 10%, locking in its best start to a year since 2019. the dow notching its strongest first quarter since 2021 all three major eindices on five-month winning streaks communications services, energy, tech, and financials all up double digits. oil, gold, rates, and the dollar all climb in q-1 so, can all or any of these assets keep rising in this new quarter? i mean, it's a little counterintuitive for everything to be going higher at the same time, tim. >> it was risk on, because a stronger dollar and higher yield should have been somewhat negative for equities. you saw a lot of the end of the world, we're worried about policy, we're worried about political upheaval kind of proxy plays, gold, bitcoin, also had big quarters and it was the first time that the nasdaq understood performed the s&p, not by a lot, but it did underperform the s&p for the first time since 4q '22. it's notable that this was a very strong quarter for stocks and most people that are market pa

on the desk tonight, tim seymour, steve grasso, guy adami, and lori calvasina. >>> shares of dollar tree plunging more than 14% after posting misses on the top and bottom lines this morning. shares, which had been on a steady climb since october, seeing their biggest drop in nearly two years, erasing all the gains for 2023. meantime, williams sonoma stock cooking up an all-time high today. the high-end home goods retailer beating earnings estimates, upping its stock buy-back plans by a billion dollars and hiking under the circumstances dividend by 26%. in the last six months, williams sonoma posted virtually the same gains as red-hot nvidia. so, does today's action emphasize just howdivergent the high end and low end consumers are? this is a theme certainly that we've been hitting on for months and months, but this really seems to underscore that, guy. >> one thing for us to say, it's another thing to see two stocks on the same day perform the way they did. tim has discussed wsm for quite some time now, and he's been right. this move is a bit parabolic. the dollar tree is the one i'm foc

on the desk tonight -- steve grasso, karen finer man, dan nathan, and guy adami. >>> the s&p rising 0.6%e nasdaq up 0.4%. we'll get to that in a minute, but first, new signs that the retail sector is ripe for some dealmaking. shares of nordstrom popping more than 9% after reporting of its founding family is looking to take the company private. this news coming after similar attempts six years ago was ultimately unsuccessful, but it is far from the only deal percolating in this consumer space. macy's saying it's agreed to open its books to potential acquirers. it and kohl's have attracted activist interest in weeks. and there's tapestry's deal for capri, which is expected to close later this year. and shares of american apparel giant gildan activewear popped after the board said it has several potential buyers for the company. is this just the start of a coming wave of m&a activity? t karen? >> it's a ton of activity. pa chin coe, which is a game probably before your time, but guy played it a lot. >> damn straight i did. >> so, the -- nordstrom, to me, is sort of the most interesting and

. >> steve grasso. >> congress bipartisanly has agreed to try to ban tiktok nationwide.apchat. >> tim was a heartthrob in college, it should come as no surprise his daughter's here, but so is his fan club from georgetown class of 1980. listen, make some noise in the ndckgrou. [ cheers and applause ] >> >>> my mission is simple. to make you money. i am here to level the playing field for all investors. there is always a sign in there somewhere. i will help you find it. >>> hey, i'm jim cramer. my job is not just to entertain but put days in today in context. thank god to those