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Transcripts For CNBC Fast 20240704

Carpet with the stock winners and losers ahead of hollywoods big weekend. Im melissa lee coming to you live from studio b at the nasdaq, tim seymour, and rebecca patterson, former chief strategist at bridgewater. We start off with the markets gold rush, the precious metal soaring to a record high today, topping the 2,200 mark for the first time ever. It just notched its best week since october and is up 20 over the past year. The latest rally coming alongside bitcoin which topped 70,000 during todays session. Ethereum also hitting a record. Stock market ending on a down note. The nasdaq shedding a percent while the dow shed. What does this tell you about the strength of this market rally . Rebecca, happy International Womens day. You too. What do you make of this gold move . I think what were seeing with bitcoin, gold and stocks today, theyre skpleetly separate. There isnt one big macro factor driving this. In the case of gold, id highlight two main things. China and china. Chinas Cent

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