Live in the Nazak markets, I've been the heart of New York City's Times Square. This is

Fast Money. Here's what's on tap tonight. Record highs for the S&P and NASAC, just barely. A look at the

sectors and the stocks driving those gains and whether the run will continue in the heat of the summer.

And Nike swooshes higher for its third best day on record. Has the Elliott Hill turnaround truly taken hold?

We'll debate that.

Plus, we're watching bank stocks after the latest stress test results.

Boeing continues bouncing on its latest upgrade.

And we're going old school for the options action on Coinbase.

What is next after the stock's 40 plus percent jump this year?

I'm Melissa Leek.

I'm live from Studio B at the

NASAC on the desk tonight. Bono and Isam, Steve Grasso, Carter Worth, and Mike Co. We start off

with markets eking out a record closed for the first time in months. The S&P gaining half a percent

eclipsing the all-time high set back in February. The benchmark index closing in on the 6,200 level. The NASDAQ also setting a record

its first since mid-December. The Dow was the biggest percent gainer on the day, adding 431 points,

but that index still nearly 3 percent from its best-ever levels. And take a look at the sectors

leading the games this year. Industrials up a whopping 11 percent since January. They closed today at a record.

Communication services up double digits while financials come in at number three.

Today's gains, though, come even after a midday drop when President Trump said he is ending

all trade discussions with Canada effective immediately. Trump also just making some comments

about Fed Chair Jerome Powell in just the last few minutes. Let's get to the latest developments with Megan Cassella in Washington. Megan.

Hey, Melissa, just a few moments ago, the president wrapping up some remarks with reporters in the

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