That's money starts right now.

Live from the Nasak market site overlooking New York City's Times Square.

I'm Melissa Lear.

Traders on the desk or Tim Seymour, Mark Tepper, Steve Grosso, and Dan Nathan

a head on fast, make or break time for Tesla. The company said to report its second

quarter delivery numbers any day this week but after a 30% rally off its lows

since the stock come too far too fast. Plus Chinese stocks rallying on the back of G20 and One China Bowl says it could be your best chance to buy the group.

He will be here to explain.

We start off with the markets, the S&B closing at a new all-time high the Dow jumping.

More than 115 points, the NASDAQ and Tech up more than 1%.

We've seen this story before.

The S&P 500 peeking its head above the highs and then failing to launch.

So with tariffs off the table for now

is the next leg of the rally all about the Fed.

Steve Frost.

I think it has been all about the Fed.

So I don't even think tariffs were maybe 20% of the story. I think for me it's it's about the Fed. The Fed is still in the back pocket of the market. They have that and the tariff story can only get better from here. So it's about the Fed it's about higher

markets from here going forward. Why can the terror story only get better from

here that's what I don't get? Because we've already I think that the we've

factored in the negativity on the tariff headlines we've we've factored in the negativity on the tariff headlines.

We've already seen those at worst, right?

Or you don't agree with that.

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