tim seymour. >> karen finerman, courtney garcia, and guy adami. we start off with the regional bank rebound the kre climbing more than 2%, this after the treasury department said this morning that all deposits in all banks, not just svb and signature are safe look at the gains in first republic, pac west, metropolitan and first foundation good times apparently. does this deposit insurance for all make the group more investable was this the right move? ken griffin of citadel says no he believes capitalism is breaking down before our eyes. he is blasting the decision to make all depositors whole, adding there has been a loss of financial discipline with bailing out deposit or the depo. this goes to if we do this, is the sector better off from an investing standpoint are you more confident in it or does this just eliminate the moral hazard and let the banks do whatever they want with their balance sheets >> i took it as two different questions. but i can understand how you can morph from into one. in terms of investable, i don't necessarily think any

caps for melissa lee i'm tyler matheson welcome, everybody on the desk, mike khouw, carter worth, tim seymour gentleman, welcome good to be with you. we wrap up march trading with some of the names seeing the most "options action" this quarter. among them, tesla, nvidia, apple, microsoft, and meta heavy interest in a number of etfs as well trade is flood into the spy. the qqqs, russell, as well as corporate debt and gold. markets finishing the quarter strong today the tech heavy nasdaq leading the surge up nearly 17% for the quarter. the s&p jumping 17%, and the dow attempting a turnaround, bounce back from its october lows positive territory by a third of a percent for the year so far. it was, as you probably know, a rough march for banks. the svb collapse sent shock waves through the entire sector. the kre regional bank etf notching its second worst month on record. and the kbe locking in its fourth worst month ever. the volatility comes as we gear up for money center banks to kick off earnings. mike, you're focusing on those what can you tell us >> we actually started adding some exposure

on the desk tonight, tim seymour, guy adami, jeff mills steve grasso joins us from his estate somewhere in west chester, the baa ron is up there. markets closing out the first quarter near their high of the session. the nasdaq jumping 1.7% to mark its first quarter since june of 2020 the s&p 500 up 7%. even with the do you with its gains clawed its way back up in the green, 415 points. take a look at what is leading the charge it would be technology, communications services, and consumer discretionary sectors, all up more than 15% so far this year on the no so bright side, you probably knew this -- the financials, worst group in the s&p 500 in 2023. the regional bank index putting in its second worst month on record but there's one reason to be hopeful as we get ready to kick off april. we're about to enter what has historically been the best month of the year for the dow according to the stock traders almanac. rising 2% during the month after all the action we've already seen this year, how do you get ready, guy, for the second quarter be the idea that april is a sweet month >> this gr

. >> tim seymour. >> going miss you next week, mel. >>> right now on "o.a." aam?'signs.zc th any incoming storm. plus, dreams ahead. investors seem to be flooding to avoid market turbulence. we'll chart the next move from here coming um. >>> later, lulu lemon

on the desk tonight, mike khouw, brian stutland, and tim seymour. first, a news alert. layoffs at meta. julia, what do we know >> whoops. so sorry, sarah. here's what i got for you. meta is declining to comment "the wall street journal" is reporting that there could be another series of layoffs that would match the layoffs down by meta last year last year they laid off about 13% of their employees that was 11,000 people at the time "the wall street journal" saying this could be several rounds of layoffs that would accomplish a meaningful number of employees dropped in the same range as what they saw last year. in terms of what types of employees could be fired, it could be people in the category around wearables, which are certainly not in the core meta business, which is about advertising. also about how these would be nonengineering roles, people in the area of marketing and the likes. we got a no comment from meta. the last time there were these layoffs there was a big headline in the "wall street journal" sunday and layoffs are on a wednesday, so we'll see if it fol

on the desk, tim seymour, courtney, jeff mills and steve grasso we're going to start with the latest on silicon bank federal regulators shutting down the and taking control of deposits scb's stock halted before the market open after falling another 60% in the premarket that on top of yesterday's 62% drop a month ago this was a $18 billion stock. now may be worth nothing let's get more on what's next for the bank and the industry. danny fortsen joins us, west coast correspondent for "the sunday times". danny, you're going to have a busy weekend following what comes next the fallout for startups and of course what happens to svb tell us what you're looking into. >> it's going to be a very big weekend, right because as you have seen in the market, companies like first republic, some of these other regional banks, they have all seen their strocks crash as well because the fear is this is the sign of something bigger, that there is contagion what i think is happening now is there are going to be round the clock talks all weekend so monday morning they can come out and say, this company ha

on the desk tonight, tim seymour. he's really on the desk, here with me, the two lonely. julie beals, jeff neil and guy adami, welcome to everything thank you for letting me join you, we start with the brick breakdowns the regional bank index down today falling to the lower level since january 2021 svb financial leading the losses, off more than 60%, lowest level in nearly seven years, losing $161 a share the stock the work performers in the s&p 500, a factor of four, the losses come after the company said it was looking to raise capital, to help offset losses from recent bond sales. the rising interest rates over the past year have depleted the value of bonds, of course, sparking concerns over just how much the company's securities holdings are actually worth. maybe even more concerning, it wasn't just the smaller lenders that got hit all seeing outsized losses today of 5.5 to 6.5% or so, adding to what's already been a rough month for the starts all of this taking a toll on the broader market as well the major averages closing lower, the s&p now just 2% away from giving

deal with or incorporating the fed rate hikes, very early innings, bottom of the second, if i may, tim seymour. >> you might have said "jobs" like 11 times. there's a lot to incorporate >> a drinking game. >> when you hear "job" do whatever you want to do during the telecast, you had fed funds -- the term nat rate went from 5.48 to 5.69. we priced in a lot of fed the past few days. it doesn't seem like a huge surprise, but it had to happen the two most important days over the last six months have been the october 13th cpi and fed second jobs number there's no way this will be as important or cataclysmic as this one juan i would say you err to the down side in terms of where rates go on this payroll number the jolts number, guy said it, there's moreoff openings than people in this country there's no way. >> let's play this hot friday we get a hot report that indicates still strength in the labor market, is it a buy the news event >> i don't think so. as our friend cartersays, it's a pair of 2s here. guy just said through the lens of the market, really, how is it going to work into the economy t

on the desk, tim seymour and cart knee garcia and dan nathan and guy adami. also good to see you in person we start with the countdown to the first quarter. just two trading days left in the quarter. boy, it has gone by fast nasdaq leading the day leading the way up nearly 2% it is also the winner so far this year on pace to break a quarter-quarter losing streak. the s&p hoping for a second straight quarter of gains while the dow is down ever so slightly and a look at the biggest gainers. nvidia up more than 80% since the start of the year. meta, tesla, warner brothers, all seeing outside gains and intel jumping more than 7% today. best day since november. now up nearly 20% so far this year also above its 200-day moving average for the first time in the year dan, you see this as a positive sign, what, not only for intel but for the market more broadly? >> when you see the stretch of rallies broadening out, we've been hearing a lot over the course of the last few months, it was a junk rally and so there was a lot of names that were the hardest hit in 2021 and

on the desk tonight karen finerman, carter worth, guy adami and tim seymour. the central bank just releasing details on the latest balance sheet showing just how much banks tapped its lending window this past week steve liesman joins us now with some new details steve? >> melissa we have some new numbers, some big numbers. but we don't necessarily have answers what all these answers mean let me talk you through it and i'll tell you what we know and what we don't know so the federal reserve balance sheet increases by $297 billion. that's the most we've had since the pandemic began and that started liquefying the economy a record, up by 148.2 to 1 first $4 billion that's a big number to take from the emergency discount window. the new fed facility we have, borrowing of 11.9 billion. half of that increase in the 297, remember that number at the top, that was from a bridge loan to the failed banks. okay what we don't know, melissa, and i'm preempting a question you're going to ask me, because they asked me this in the last half hour, is in all inflation stationary