Live from the NASDAQ market site in the heart of New York City's Times Square.

This is fast money. Here's what's on tap tonight.

Off to the races stops rallying in a big way after a tamer than expected inflation report.

But is this really the all clear investors

have been waiting for or is this pre-Santa-Cause rally going to run out of steam?

And the countdown is on to the Biden-She meeting. What is at stake when the

leaders of the world's two biggest economies

meet face to face and what might come out of this summit. Plus the mega meltup and

shares of Meta Home Depot build up to big games and Michael Burry's latest big bet.

The stories behind these movers all coming up.

I'm Melissa Lee coming to you live from Studio B at the Nasak

on the desk tonight.

Tim Seymour, Karen Fyderman, Julie Beal, and Chris Varone of Stretagus, A Baird Company.

And we have to start off with that major rally on Wall Street.

The S&P and Nasak both posting their best days since April.

The Tech Heavy Index closing on its highest since early August.

The S&P jumping nearly 2%.

The Dow up 490 points in the big standout, the small cap Russell 2000, which had its best

stay of the year, at more than 5%. The moves coming after a

tamer than expected inflation report further reassured investors that the

Fed is done raising rates. A benchmark 10-year Treasury note yield tumbling below 4.5 percent.

It was about five just three weeks ago. And take a look at some sector standouts, regional

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