Market Dynamics: Snap's Struggles and the Fed Leadership Race

Carl Quintanilla, Leslie Picker, and Mike Santoli hit the rally in tech stocks at the top of the show, after Nvidia became the first company to ever hit a $4 trillion valuation. The Nasdaq also touched a new record high as the market tried to rebound from back-to-back losses. Jefferies Chief Market Strategist David Zervos also joined the show, to discuss the WSJ report that President Trump was leaning towards Kevin Hassett and Kevin Warsh as potential picks to take over the Federal Reserve. Also in the mix; Snap CEO Evan Spiegel sat down with CNBC’s Julia Boorstin from Sun Valley, Idaho to discuss his company’s outlook and new AR glasses. 

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