2025-11-22
43 分钟You're listening to The Exchange.
Here's today's show.
Frank, thank you.
Welcome to The Exchange.
On this Friday, I'm Contessa Brewer and for Kelly Evans today,
following the biggest intraday reversal since April.
Stocks surging back today as the Oxford December rate cut climbed.
Now, tech, not the leader.
The Dow is taking the reins.
Home improvement trade is seeing the biggest gains, all three major averages.
on track now to close lower for the week though.
The MAG7 is lower for the week with one exception, Alphabet.
It's up again today.
And it's a recent AIO momentum reportedly getting to Sam Altman and the Open AI team will have those details coming up here.
And Bitcoin under pressure once again, briefly touching 80,000 right now.
It's 84,788.
on track for its worst week in three years, negative for the year.
This would be only the third negative year since 2015 though.
We begin with the Fed and comments from one Fed official in particular that seem to have turned market sentiment around.
Steve Leesman kicks us off with the very latest.