Live from the NASAC markets 8 on a day when the Dow and S&P closed at fresh all-time highs.

This is fast money.

Here's what's on tap tonight.

Trump's new tariff threat.

The president-elect set to levy massive new tariffs on Mexico, Canada, and China.

On day one of his new administration, is this part of his deal-making strategy or a true attack on our biggest

trade partners.

Plus, obesity bummer, Amgen, the Dow's worst performer after disappointing results for its

experimental GLP1 drug.

We'll talk to one analyst who still thinks this stock is a buy.

And later, a technical take on the move lower in the VIX, inside Best Buy is bad day and

quarter, and why the recent surge in small

caps could help fuel an IPO boom in 2025. I'm Melissa Lee coming to you live from Studio

B at the NASDAQ on the desk tonight. Tim Seymour, Dan Nathan, Guy Dami, and Katie Stockton of

Fair Leave strategies. And we start off with Trump's latest tariff threats. The president-elect

warning he will place a 25%

tariff on all products coming from Mexico and Canada on his first day in office until drugs

and illegal immigrants stop moving into the country. He also plans to raise China tariffs an

additional 10%. Sox were sluggish out of the gate but rebounded by the end of the day. The SB

500 and Dow closing at fresh record highs.

But some areas of the market were hit by Trump's threat. The ETFs of Mexico and Canada, for instance, falling today.

The Mexico and Canada ETF sinking one to three percent. The dollar also climbing against the Mexican peso and Canadian dollar.

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