Can Anything Stop the Market Rally? And Tech’s Response to the Siege on Capitol Hill

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 7 January 2021

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

The S&P, Dow, and Nasdaq all notched record closes on Thursday, even as Washington continued to deal with the fallout from Wednesday’s events. So why are stocks at highs even as the rest of America reels. We look for some answers. Plus Facebook and Twitter trying to take a stand against the President’s social media posts. What it means for the companies and for the industry.

Transcript

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0:00.0	I'm Melissa Lee and this is Fast Money.
0:03.4	Tonight's Trader lineup, Guy Dami, Tim Seymour, Karen Finnerman, and Dan Nathan
0:06.8	tonight on Fast, the last straw.
0:08.8	Social media companies blocking President Trump
0:11.0	for posting to his accounts after a mob of his supporters stormed
0:13.9	Capitol Hill will break down the full fallout and how it could impact investing in these names.
0:18.2	Plus, Bitcoin breaking out to new all-time highs of a cryptocurrency briefly crossing $40,000 coming up.
0:24.8	You'll hear from one of the most high profile investors in the space.
0:27.8	Anthony Papliano will join us exclusively.
0:30.5	And we're all over the after-hour action shares a mic on the chipmaker just reporting results.
0:34.4	We've got fresh commentary from the call straight ahead.
0:38.2	But first we start with another record day for the markets.
0:41.1	The S&P, NASZAC, and Dow all closing at new all-time highs.
0:45.4	The Nazak big standout with a 2.5% gain. The Vicks remaining in check, the 10-year
0:51.0	yield at its highest level since late March.
0:53.7	All of this playing out on Wall Street
0:56.7	as this plays out in America.
0:59.7	Forty criminal cases have been launched
1:01.4	in the wake of yesterday's siege on the U.S.
1:03.1	capital.
1:04.1	Top advisors to the president, including Transportation Secretary Elaine Chow and
1:08.5	former chief of staff Mick Mulvaney resigning their posts and the
	...

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