China’s Big Boost… And Flying Into Southwest’s Investor Day 9/26/24
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 26 September 2024
⏱️ 40 minutes
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| 0:00.0 | Live from the Nasdaq market site on a day when the S&P 500 closed at a fresh |
| 0:06.7 | all-time high yet again this is fast money here's what's on tap tonight |
| 0:10.9 | Beijing's bizuka China flooding their economy with all sorts of stimulus, electrifying |
| 0:15.8 | stocks on the mainland and causing one hudged fund Titan to tell the NBC he's buying |
| 0:20.6 | everything he can get his hands on in the country. Is it too late to |
| 0:24.0 | piggyback on that trade? We're going to debate it. Plus smooth skies ahead after a |
| 0:28.3 | bump a year is southwest about to find its footing. We will hear from the |
| 0:32.3 | CEO and go inside the numbers coming up. |
| 0:34.3 | And then later why energy stocks were at the bottom of the barrel today. Is |
| 0:38.4 | Costco a name you can still buy in bulk and High Ho Silver? Charting a milestone for the precious medal. |
| 0:45.0 | I'm Sarah Eisen in tonight for Melissa Lee, coming to you live from Studio B at the |
| 0:49.2 | Nasdac. On the desk tonight with me, Tim Seymour, Harderworth, Dan Nathan, and Guy Adami. |
| 0:54.7 | And we're going to start with another big boost for China. |
| 0:57.0 | The country's large-cap E.T.F. the FXI, surging more than 7.5% today, |
| 1:01.5 | hitting its best level since February of last year. |
| 1:04.7 | Combined with its move Tuesday, the fund is pacing for its best week on record. |
| 1:09.2 | The K-Web, Internet ETF, trades here in the M MCHI also far outpacing the broader market today. The latest |
| 1:15.9 | gains as top Chinese officials affirmed the government's efforts to support the economy, including |
| 1:21.4 | rate cuts and a one-time cash allowance for those in extreme poverty. |
| 1:25.2 | All that stimulus has billionaire hedge fund manager David Tepper breaking his own rules for how |
| 1:29.3 | much he invests in one place. |
| 1:30.8 | Listen. |
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