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CNBC's "Fast Money"

Stocks Drop As Israel-Iran Conflict Worsens… And A Shadow Over Solar Stocks 6/17/25

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 17 June 2025

⏱️ 44 minutes

🧾️ Download transcript

Summary

Stocks dropping as the Israel-Iran conflict rages on, with President Trump weighing in as well. How the developments in the Middle East are impacting markets, and how oil, bonds, and the dollar are faring. Plus The sun setting on solar stocks, as the Senate’s tax bill changes hit the group hard. If those names can rise again, or if the shadow is here to stay. Fast Money Disclaimer

Transcript

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0:00.0

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

0:07.0

Here's what's on tap tonight. Signs of strife, broad markets dropping today, but the strength in some specific sector is actually signal trouble ahead.

0:14.0

How stocks are reacting to flaring mid-east tensions, and should you be going all in on the safety trade?

0:19.0

Plus is the sun setting on solar stocks.

0:21.9

The Senate looking to end tax credits for the industry.

0:24.5

What will that mean for the stocks?

0:25.9

Are they a buy at current levels?

0:27.1

We'll debate that.

0:28.1

And a milestone for the streaming sector.

0:29.9

Eli Lilly in the big deal in the gene editing space.

0:32.7

And we go live to Austin, Texas, where AWS is taking on NVIDIA with its new AI chip.

0:38.1

I'm Melissa Lee.

0:38.8

Come with you live from studio, be at the NASDAQ on the desk tonight.

0:41.1

C. Grasso, Karen Feinerman, Dan Aethin, and Guy Adami.

0:44.1

And we start off with markets dropping amid rising tensions in the Middle East,

0:47.4

though major averages close off the worst levels of the session.

0:50.3

The Dow down about 300 points. The S&B shedding 8 tenths of a percent and the NASDAQ leading the way lower.

0:55.7

But a look under the surface reveals a couple of pockets of the market that seem to be raising a red flag.

1:00.1

Oil prices back on the rise.

1:01.9

WTI crude more than recouping yesterday's losses settling on its highest price since January.

1:07.2

Bonds also getting a bid.

1:08.5

The yield on 10-year treasuries dropping seven basis points, the dollar up as well.

...

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