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CNBC's "Fast Money"

Stocks sink after Iran retaliates, and what’s next for oil and energy stocks? 6/13/25

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 13 June 2025

⏱️ 44 minutes

🧾️ Download transcript

Summary

Major averages moved sharply lower after Iran retaliated for last night’s attacks by Israel. Meanwhile, oil prices surged to their highest levels since January and gold climbed towards records. We break down all the market moves, and set you up for what to watch next week Fast Money Disclaimer

Transcript

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0:00.0

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

0:06.6

Here's what's on tap tonight.

0:08.1

Markets on edge, stocks dropping and oil surging as Iran retaliates against Israel's airstrike last night.

0:13.9

We dig into the impact of rising tensions in the Middle East on the markets and here at home.

0:18.3

And payment problems shares a Visa and MasterCard sinking today how big

0:21.6

retailer's stable coin plans are causing instability in the shares. Plus, Tesla shares kick into

0:27.4

overdrive. Novo regains the number one spot in Europe and Whirlpool, worlds higher, why one

0:32.9

analyst thinks the appliance maker can withstand the tariff threat. I'm Melissa Lee. Come to you

0:37.4

out from Studio B at the NASAC on the desk tonight.

0:39.7

Tim Seymour, Karen Feinerman, Courtney Garcia, and Mike Co.

0:43.2

And we start off at the markets turning lower after Iran's retaliatory attack against Israel.

0:47.6

Major averages closing near the lows of the session with the SPB down over a percent.

0:51.9

The Dowshed more than 760 points, and the NASDAQ dropped 1.3%.

0:56.2

Meanwhile, oil prices surging over 7 percent, settling at their highest level since January.

1:02.0

Treasury yields and gold prices also higher on the day for the latest on the Middle East strikes.

1:06.6

And Washington's response, let's get straight to Amin Jabbers.

1:09.2

Who's in D.C.?

1:10.0

Amen.

1:11.0

Hey there, Melissa. We are getting some word now on casualties in Israel tonight in an initial

1:15.5

report from Tel Aviv's Shiba Hospital, where a spokesperson says they are treating 15 injured

1:21.9

civilians, one of whom they say arrived in extremely critical condition. You can expect, Melissa, those numbers to change

1:29.4

as we get additional reporting from around the country through the night tonight. And we saw

...

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