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CNBC's "Fast Money"

Stocks Rally Post-Fed, and Digging in on Apple’s Production Outlook 11/23/22

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.91.3K Ratings

🗓️ 23 November 2022

⏱️ 44 minutes

🧾️ Download transcript

Summary

The suggestion that the Fed would slow the pace of its tightening “soon” sent stocks higher today, with the Dow posting its best close since April. But with the all-important holiday season around the corner, what can we expect from markets as we close out the year. Plus protests at an Apple production facility in China sparking questions about how the iPhone maker will be able to meet demand. What it means for the stock as we head into the new year. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0

right now on fast it is a countdown to Christmas and Black Friday.

0:04.0

Retails been on a pretty big run this quarter but will a consumer

0:07.0

saddled with a stocking full of credit card debt

0:10.0

sideline for holiday shopping plus harvesting gain shares of

0:14.0

deer soaring as high as an elephant's eye of more than

0:17.0

180% since the start of the pandemic can you still plant new

0:20.0

capital in this ag name and later fresh COVID troubles in

0:24.0

China. Violent protests at a major apple plant as tensions

0:27.0

rise of a harsh COVID restrictions.

0:29.0

What impact could this have on the stock and other

0:31.0

companies leverage to China. I'm Melissa Lee this is fast

0:34.0

wanting to rely with the Nasdaq market on the dust tonight

0:36.0

Tim Seymour, Guy Dami Steve Grasso and Julie Beale.

0:39.0

We start off with a pre-holiday bump for markets major

0:41.0

indices taking a leg higher after the latest fed minutes

0:44.0

suggested the central bank could slow the pace of

0:46.0

rate hikes soon. The Nasdaq leading the gains up nearly

0:49.0

a percent the doubt posting it's highest close since April.

0:52.0

Meantime treasury yields and the dollar both dropping in gold

0:56.0

made him move higher but as he headed into the all

0:58.0

important holiday season where do we go from here we're

1:02.0

below three seven on the 10 year yield Tim.

...

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