A market rally kicking off the week as major indexes trade at near all-time highs with software leading the gains. The traders break down what caused the historic trading day after weeks of mega-cap losses, plus key after-hours earnings from Palantir and Onsemi. Then, the Japanese Yen trading at near 40-year lows sparking U.S. intervention. Ben Emons of FedWatch Advisors lays out the best positioning in the Treasury market after intervention, and how to trade the volatile Yen. Plus, Airlines soaring higher, Boeing getting a double upgrade, and why it might be time to buy Amgen.<br><br>Fast Money Disclaimer<br><br>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Software Leading a Market Rally… And What To Expect from Yen Intervention. 8/3/26

CNBC's "Fast Money"

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Live from the Nasdaq MarketSide in the heart of New York City's Times Square, this is Fast Money. Here's what's on tap tonight. Software surging a semi-stall. What's behind the reversal in these two pillars of the tech trade? And where do these groups go from here? We'll debate that. An unprecedented action to support the yen and what this weekend's intervention means for the Japanese currency and the potential ripple effects for global markets. Plus, Boeing bounces for its best day of the year. Macy's heads towards nearly five-year highs. And transport tailwinds are grew quietly outperforming the broader market this year.

What's got these stocks putting the pedal to the metal and how much higher they still have room to run. I'm Melissa Lee. Come to you live from the studio. Be at the Nasdaq. On the desk tonight. Tim Seymour. Courtney Garcia, Guy Adami and Carter Braxton Worth are worth charting.

Software Leading a Market Rally… And What To Expect from Yen Intervention. 8/3/26

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Software Leading a Market Rally… And What To Expect from Yen Intervention. 8/3/26

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.