Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Beijing is still short on details on how it will respond to new U.S. tariffs on Chinese goods.World Economyread more
U.S. Secretary of State Mike Pompeo says Huawei CFO Meng Wanzhou, who is under house arrest in Canada and facing extradition to America, is not a bargaining chip in the trade...Technologyread more
Target's latest earning report shows how these investments are driving traffic and sales at a time when other retailers are struggling.Retailread more
The chip, called the Ascend 910, was first unveiled in October last year and is aimed at data centers.Technologyread more
Brazilian President Jair Bolsonaro hit back at French leader Emmanuel Macron, after he urged dialogue among G-7 leaders on the rising number of fires in the Amazon rainforest.World Politicsread more
Investors are rushing to get a piece of its privately held rival Impossible Foods before it goes public, according to the Wall Street Journal.Food & Beverageread more
"The economy may be in good shape now, but if we keep getting more and more tariffs it could deteriorate," Jim Cramer says.Mad Money with Jim Cramerread more
Local governments commonly share single service providers, making many vulnerable at once. On top of this, ransomware has often been used to mask more targeted, malicious...Technologyread more
Google says it shut down hundreds of YouTube channels tied to misinformation around the Hong Kong protests.Technologyread more
Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
The closed at a record high on Tuesday and briefly traded just 1.3 points away from the 17,000 mark. As traders decide how to position their portfolios in the new quarter amid fresh record highs, the CNBC "Fast Money " crew each offered a stock to buy and a stock to sell at current levels.
Tim Seymour of Triogem Asset Management chose a stock in the financial sector as a name to buy right now. Seymour called Citigroup "the best play out there," and said that "this is a stock where the best news is ahead of it."
As for his "sell" pick, Seymour said that Microsoft is trading at a valuation that's hard to justify "when the company isn't reinventing itself." Microsoft has gained around 12 percent so far in 2014, and is up 22 percent in the past year.
"I think Cisco, if you want a play for a laggard where you're not going to get killed on the downside, I think that's the one," he said.
For his "sell" pick, Nathan chose the entire utilities sector, which he said could lag if the market continues higher and if traders choose to sell their defensive positions.
Brian Kelly of Brian Kelly Capital picked Comcast as a stock to buy at current levels. Using the same logic as Nathan's trade, Kelly said he was looking at names that have lagged the most recent run. "If the economy is going to get better, which we're starting to see some of those signs, then names like this in the consumer discretionary space could get much more of a pop," he said.
On the opposite side of the coin, Kelly said to sell DuPont, calling it a "broken" stock. DuPont has dropped roughly 5 percent in the past month after lowering its second quarter and full-year earnings guidance.
Lastly, Guy Adami of StockMonster.Com said he would be a buyer of U.S. Steel.
"You buy it ahead of earnings, they priced in a disastrous steel pricing which is not as disastrous as people think," he said.
Adami chose IBM as a stock to sell, saying the company's last four quarters have been "disastrous."
(Disclosure: Comcast is the owner of NBCUniversal, the parent company of CNBC and CNBC.com.)
—By CNBC's Michael Newberg