CNBC's "Fast Money" Reciprocal Tariffs Boost Stocks… And The Impact of RFK Jr’s Confirmation 02/13/25
11 snips
Feb 13, 2025 Eamon Javers, a keen observer of White House developments, dives into President Trump's plans for reciprocal tariffs and their potential market impact. He examines how these tariffs are sending stocks soaring and what major companies are saying about their effects. The conversation also shifts to RFK Jr.'s confirmation as Health Secretary, discussing his controversial policies and their implications for healthcare and investor sentiment. Key innovations in health, especially regarding GLP-1 medications, are highlighted as potential game-changers.
AI Snips
Chapters
Transcript
Episode notes
Market Movers
- President Trump's reciprocal tariff plan and RFK Jr.'s HHS confirmation are key market drivers.
- These events impact company bottom lines and healthcare stocks.
Tariff Impact and Market Reaction
- Markets show relief as Trump delays tariff implementation, with S&P nearing record highs and Nasdaq jumping.
- However, companies express concerns about the potential impact of tariffs, creating uncertainty.
Intel's Record Week
- Intel jumped 7% today, bringing its weekly gain to 26%.
- This marks Intel's best week since 1975.