Live for the NASDAQ market site in the heart of New York City's Times Square.

This is fast money, and here's what's on tap tonight.

A massive market turnaround.

The NASDAQ more than a race at 2% decline at the open and closing out for its best week since November.

Is this the final sign that the bottom is in for stocks?

We will debate that.

Plus oil spiking back above the $111

mark on worries the war in the Middle East could go on much longer and prices could go much higher.

We're also wondering what's the real impact on the U.S. economy? And Tesla shares, they're in

reverse. Bitcoin breaks to the downside and what is the deal with Microsoft? Shares are hired today, but still the worst performing MagS7 name this year, buy a lot. Can the stock turn things around? Well, that's another thing we are going to debate. I am Frank Holland in for Melissa Lee. Coming to you live from Studio B at the NASDAQ. On the desk tonight, we have Tim Seymour, Karen Feinerman, Dan Nathan, and Guy Adami. But as we mentioned,

we want to go right to the market stock staging a rally into the close with the S&P and the NASDAQ,

just kind of eking out some gains after a rough start to this day. The early selloff coming after

President Trump suggested there could be an escalation in the Iran War before an eventual end

to this conflict. At the lows,

the Dow fell more than 600 points. The S&P dropped more than a percent and a half. The NASDAQ

tumbled over 2 percent, but a midday moderation of the losses meant all three posted gains for

this week, each ending five-week-long losing streaks. Oil, meanwhile, surging more than 11

percent settling at its highest

level since June of 2022 as investors. They are bracing for supply disruptions in the Strait of Hormuz

are Eamon Javours. He's in Washington right now with the very latest. Amen.

Hey there, Frank. New statements from the Iranian Navy out this afternoon, claiming that they

targeted data centers of two American companies, Oracle in Dubai and Amazon in Bahrain,

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