Detour After Markets 5-Week Win Streak, Bitcoin Hits 20-Month High, Gold's Record Run 12/4/23

Published: Dec. 4, 2023, 4:02 p.m.

b'After five consecutive weeks of gains for the major indices, Carl\\xa0 Quintanilla and Jim Cramer discussed stocks moving lower, gold hitting a record intraday high and bitcoin surging past $42,000 for the first time in 20 months. Jim explained why he finds it "worrisome to see gold so high and to see bitcoin so high." Also in focus: Alaska Airlines agrees to acquire Hawaiian Airlines and pays a huge premium, Ford U.S. auto sales fall in November despite strong demand for EVs, Uber shares pop on S&P 500 inclusion, Spotify surges on layoffs, a not so "Marvel"-ous development for Disney.\\n\\n\\n\\nSquawk on the Street Disclaimer'