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Reopening Trade Helps Stocks Surge, and Jack Takes On Web3

Reopening Trade Helps Stocks Surge, and Jack Takes On Web3

Stocks recouped all of their losses from Monday and then some, with stocks tied to the reopening trade seeing some of the biggest gains. But strength was widespread with big tech adding nearly $200B in market cap. Does this set the stage for more strength into year-end? Plus Jack Dorsey caused a stir on social media after going after saying Web3 is owned by VCs. We break down his comments and find out what it means for the players in the space.

CNBC's "Fast Money"

December 21, 202143m 54s

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Show Notes

Stocks recouped all of their losses from Monday and then some, with stocks tied to the reopening trade seeing some of the biggest gains. But strength was widespread with big tech adding nearly $200B in market cap. Does this set the stage for more strength into year-end? Plus Jack Dorsey caused a stir on social media after going after saying Web3 is owned by VCs. We break down his comments and find out what it means for the players in the space. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.