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Transcripts For CNBC Closing 20240703

We are looking good in this final stretch, because it is a broad rally in the major averages are higher. We are almost green across the board. Not necessarily growth, but it is tough for roadblocks. Shares are pledging following. Stocks down 21. 5 and it takes us to the talk of the tape. The resilient rally and how long this can ast. Lets welcome in kristin. Good to see you. Is this what the next rally looks like . One that is currently a lot of things other than tech . Absolutely. Entering into this year, we thought that there would be a broadening out of earnings and it is good to see that this is a healthy rally in terms of seeing it across the board without that type of concentration, but we have to point to the fundamentals that are driving it. Earnings season has been better than expected and there is a lot of delineation under the surface in terms of idiosyncratic events. Ompanies not delivering are getting punished and companies that are and are raising guidance pricing rewards

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