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Market’s Big Post-Jobs Rally, and the Latest Industry Disrupted By Amazon 6/2/23

Market’s Big Post-Jobs Rally, and the Latest Industry Disrupted By Amazon 6/2/23

FromCNBC's "Fast Money"


Market’s Big Post-Jobs Rally, and the Latest Industry Disrupted By Amazon 6/2/23

FromCNBC's "Fast Money"

ratings:
Length:
23 minutes
Released:
Jun 2, 2023
Format:
Podcast episode

Description

The combination of a strong jobs report and the signing of the debt deal helped stocks rise to their highest level in months, with the Nasdaq at its best in over a year. But the rising tide didn’t lift all boats equally. What do you make of the divergence? Plus shares of Verizon, AT&T and T-Mobile all sinking, even as Amazon denied a report that it was looking to develop a mobile phone service. What it means for the telecom trade. Fast Money Disclaimer
Released:
Jun 2, 2023
Format:
Podcast episode

Titles in the series (100)

Fast Money airs weeknights at 5p ET on CNBC. Visit http://fastmoney.cnbc.com for additional information.