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CNBC's "Fast Money"

Countdown To November Jobs Report… And Bitcoin Breaks Above $100,000 12/5/24

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 5 December 2024

⏱️ 44 minutes

🧾️ Download transcript

Summary

All eyes on tomorrow’s November jobs report, as stocks take a breather from their recent rally. The pockets of strength in today’s trading, and what tomorrow’s employment data could mean for the markets next move. Plus Bitcion finally breaking through the elusive $100,000 level. What the milestone means for the crypto space, and where retail investors are putting their money to work. Fast Money Disclaimer

Transcript

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0:00.0

Live in the NASAC market, it's in the heart of New York City's Times Square.

0:05.4

This is fast money.

0:06.4

Here's what's on tap tonight.

0:07.7

Bitcoin, boom, the cryptocurrency crossing the milestone mark of 100K before pulling back.

0:13.1

Banks, travel names, and a couple of the Mag 7 surging to new highs.

0:16.7

Can this record run continue?

0:18.1

We'll debate that.

0:18.9

Plus, self-driving head south.

0:21.2

Alphabet's Waymo is taking its talents to South Beach.

0:23.6

We'll go inside the ride-share rumbles shaking up the space.

0:27.4

And later, a double dose of obesity week.

0:29.5

Guests tonight, Eli Lilly's chief scientific officer breaks down the company's latest trial results

0:33.9

and the CEO's Structure Therapeutics on its oral option in the space.

0:37.9

Both are here with us this hour.

0:39.9

I'm Melissa Lee.

0:40.6

Come to you live from Studio B at the NASDAQ on the desk tonight.

0:43.1

Tim Seymour, Carter Worth, Guy Adami, and Mike Co.

0:46.1

We start off with some pockets of strength on an otherwise tepid market day.

0:49.5

Bank stocks outperforming with Citigroup posting its highest clothes in more than three years. Airline stocks also taking off after American gave a strong outlook for the fourth quarter.

0:57.9

That stock hitting its highest level since July of last year.

1:01.6

There was strength elsewhere in the travel trade, too, hotel chains, Marriott, Hilton, as well as Expedia and booking holdings, all at record highs.

1:09.1

The moves coming as investors turn their focus to tomorrow's

...

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