Live from the NASDAQ market site in the heart of New York City's Times Square, this is

fast money. Here's what's on tap tonight. What a difference a day makes? Stocks rallying after

yesterday's sharp reversal, what's driving the gains, and can the strength continue into year-end?

We'll get some answers. And a Bitcoin, bummer. Crypto prices hitting brand new seven-month

lows. Why the tokens under pressure

and how to trade the space now? Plus a big week for retail coming up, airline stocks taking

off in today's rally and where the debt markets are headed in the new year. We'll talk to

Moody's chief credit officer to get her outlook for global rates in 2026.

I'm Courtney Reagan and this evening for Melissa Lee coming to you live from Studio B at the NASDAQ.

On the desk tonight, Tim Seymour, Karen Fireman, Steve Grasso, and Julie Beale.

And we start with that massive market rebound to close out the week,

the S&P jumping as much as 1.9% at its highs and closing back over 6,600. The Dow adding almost 500 points while the NASDAQ gained 9 tenths of a percent.

So what, if anything, changed overnight? After all, today's gains only just erased yesterday's

losses on the Dow, and the S&P and NASDAQ, in fact, still down over the last two sessions.

So for the week, all three indexes in the red.

And while big tech heavyweights, like Alphabet and Apple, saw big gains today, once unstoppable, Oracle fell over 5% for its lowest close since June.

The stock has lost 42% from its all-time high hit just two months ago. So how do you make sense of today's market action? Did we finally hit the bottom or is there more pain to come? Tim, I'm going to kick it off with you. Make it make sense, as the kids say. I'm going to try, but it makes sense you're here. It's great to have you here. So I think there are three things that have to do with a big change in sentiment on a day over day. Nothing really changed at all over the last few days. I don't think once we got reaffirmation of numbers, we kind of knew what we were going to get from Nvidia. But I think it's a combination of there's a story out there. Bloomberg's breaking a story that the Trump administration's been having a chat in the last few days about allowing

Nvidia chips to be exported to China. Whether that's true or not, you know, the H-200 being

available is a big deal, not only just for Nvidia, but I think the overall trade. The Fed dynamics,

New York Fed, John Williams out there today saying as December cut is certainly a possibility, I think, is what the market wanted to hear,

whether we've all said this many times where the 25 BIPs means anything in the scheme of

the economy and the consumer and the places where people might be concerned. I think it's

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