Live from the NASDAQ market site in the heart of New York City is Times Square. This is fast money.

Here's what's on top tonight. One deal done, the U.S. and UK reaching a trade agreement that helps stocks push higher Thursday.

What we know and what we don't know about the deal and how it sets a stage for more negotiations.

And what rebound? Alphabet higher today, but far from erasing yesterday's losses. Where does a company really stand in the land of

search and will it ever reclaim the pole position? Plus, Farmer's rough week rolls on how much of

a toll tariffs could take on the industry. Airline stocks higher as the DOT announces plans to

overhaul air traffic control. And another big night of earnings will be joined by Pinterest, CEO,

Bill Reddy, for all the details on the results.

I'm Melissa Lee. Come to you live from Studio B at the NASDAQ on the desk tonight, Tim Seymour, Dan Nathan and Julie Beal.

We start off with the market rally, losing a bit of steam at the end of the day.

The SNB pairing gains in the last hour of trade, closing about half a percent higher.

It was up as much as 1.6 percent earlier in the session.

The NASAC, meanwhile, managed more than 1 percent gain at the close. The Dow added 250 points,

pulling it into the green for the week. Meanwhile, the 10-year Treasury yield neared 4.4 percent

its highest level this month. The early strength coming after President Trump announced a framework

of a trade deal with the UK had

been reached. Let's get to Megan Cassella in Washington with all the details and what we know about

the deal. Megan. Hey, Melissa, both sides emphasizing that details still need to be worked out

before this is a fully fledged enforceable trade agreement, but we are starting to get some

details as to what exactly we do expect

will be included here.

A couple of things.

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