Trouble Under The Rally’s Surface? Plus Improvements in Office Demand 8/8/24
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 8 August 2024
⏱️ 44 minutes
🧾️ Download transcript
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| 0:00.0 | Live in the Nesak, markets are in the heart of New York City's Times Square. |
| 0:04.4 | This is fast money. |
| 0:05.4 | Here's what's on tap tonight. |
| 0:06.8 | Out of the woods, markets rallying hard on the back of better than expected jobless claims. |
| 0:12.1 | Did the data really take the recession off the table and |
| 0:14.5 | can Sox finally hold on to their upside momentum and love for Lily shares with |
| 0:18.9 | the GLP one giant soaring after sales of its weight loss drugs trounced expectations. Is there any |
| 0:24.1 | stopping this red-hot trade? Plus a home renovation for shares of Zillow. |
| 0:28.4 | Bitcoin bounces back toward the 60,000 mark in earnings from Paramount, Capri, and Expedia, the trades on all those moves. the |
| 0:34.2 | trades in earnings from Paramount, Capri and Expedia, the trades on all those moves coming up. |
| 0:35.6 | I'm Melissa Lee coming to you live from studio be at the Nasak on the desk tonight. |
| 0:38.8 | See Grosso, Karen Feinerman, Dan Nathan, and Guy Adami. |
| 0:41.7 | We start off with that major market rally. Stocks |
| 0:44.8 | jumping across the board with every S&P sector closing in the green. The |
| 0:48.6 | SFP up more than 2%, its best day since November 2022. The Dow jumping nearly 700 points in |
| 0:54.8 | Nasak leading the gains up nearly 3% for its best day since February. The |
| 0:59.5 | gains coming after weekly jobless claims fell more than expected last week helping to |
| 1:04.4 | ease concerns that a weak labor market could push the US into a recession but |
| 1:09.2 | look under the surface suggests not everything is sunshine and rainbows |
| 1:12.1 | check out the mag seven names while all were up suggests not everything is sunshine and rainbows. |
| 1:12.5 | Check out the Mag seven names. |
| 1:14.0 | Well, all were up today. |
... |
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