Stocks Jump After Fed Pause, and Is Now the Time to Buy China? 11/1/23
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 1 November 2023
⏱️ 45 minutes
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| 0:00.0 | Live from the Nasak market site in the heart of New York City's Times Square, this is fast |
| 0:05.1 | money. |
| 0:06.1 | Here's what's on tap tonight. |
| 0:07.1 | Did the Fed just give the all clear for stocks? |
| 0:09.5 | Markets closing near the highs of the day after the central bank pause for the second |
| 0:12.6 | meeting in a row, but with Jerome Powell keeping the possibility of another hike on the |
| 0:16.3 | table, our investors getting too far ahead of themselves. |
| 0:19.2 | Plus, by China, it's been a rough ride for stocks in Shanghai this year, and plenty of |
| 0:23.4 | companies are raising the red flags over growth in that region. |
| 0:26.9 | So what better time to get into those markets? |
| 0:29.5 | So when on this test is getting overweight these names, we'll find out why. |
| 0:33.2 | And a big after hours moves in solar edge, Zillow, Roku, and more. |
| 0:37.2 | We're digging in on all the earnings headlines after hours, bringing you all those trades. |
| 0:41.2 | I'm Melissa Lee, come to you live from Studio B at the Nasak on the desk tonight. |
| 0:44.6 | Tim Seymour, Karen Feinerman, Steve Brasso, and Michael Kuntopoulos, director of fixed |
| 0:48.1 | income at Richard Bernstein Advisors. |
| 0:50.2 | But first, the post-fed market rally. |
| 0:53.3 | The central bank keeping rates unchanged for the second time in a row and upgrading its |
| 0:56.5 | assessment of economic growth stocks closing near their highs of the day. |
| 1:00.4 | The biggest winner, the tech-heavy Nasak, up almost 2%, the Dow jumping 221 points, the |
| 1:06.1 | S&P 500 also gaining. |
| 1:08.1 | For all the details from today's decision, let's bring in CNBC Senior Economics reporter |
... |
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