CNBC's "Fast Money" Stock Wrap Up February Flop… And Bitcoin’s Dip 2/28/25
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Feb 28, 2025 Eamon Javers, a seasoned White House reporter, joins former President Trump to dissect a tumultuous February for stocks, particularly the tech-heavy Nasdaq. They discuss the fallout from a heated Oval Office meeting between U.S. and Ukrainian leaders and its impact on investor sentiment. Additionally, they tackle Bitcoin's dip below $80,000 and speculate on its future potential amid increasing regulatory interest and market volatility. Insights into the housing market and global dynamics also add layers to their conversation.
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February Stock Market Recap
- Stocks closed February near session highs but with solid losses overall.
- Nasdaq saw its worst month since April, erasing post-election gains.
Oval Office Clash
- A heated Oval Office exchange between President Trump, Vice President Pence, and Ukrainian President Zelensky led to canceled press conferences.
- The argument centered on U.S. concerns about Zelensky's perceived lack of gratitude for American aid.
White House Alignment and Market Reaction
- Tim Seymour questions the alignment within the White House regarding Trump's approach to Ukraine.
- He notes the market's negative reaction to the Oval Office incident and subsequent attempts to mitigate the fallout.