MRKT Matrix

MRKT Matrix - Friday, September 5th S&P 500 falls, giving up earlier gain, as traders balance economic worries with rate cut hopes (CNBC) Mortgage rates see biggest one-day drop in over a year (CNBC) Airline stocks outperform on a down day as White House moves to cancel passenger compensation (CNBC) Lilly, Novo Sink on FDA List of Foreign GLP-1 Manufacturers (Bloomberg) OpenAI set to start mass pr...

MRKT Matrix - Thursday, September 4th Stocks close higher Thursday on hope jobs report won’t be too cold or too hot (CNBC) Wall Street Strategists See More Unease on Fed Independence (Bloomberg) Trump Asks Supreme Court to Quickly Uphold Global Tariffs (Bloomberg) Holiday inventory levels are tea leaves to read the state of retailers and consumer spending (CNBC) Bond investors count on Trump tarif...

MRKT Matrix - Wednesday, September 3rd S&P 500, Nasdaq propped up by Alphabet rally, but economy concerns limit gain (CNBC) Alphabet stock pops 9% after Google avoids breakup in antitrust case (CNBC) Job opening data falls to levels rarely seen since pandemic (CNBC) Gold Price Closes at All-Time High (WSJ) Why Long-Dated Bonds Are Falling Out of Favor (Bloomberg) OpenAI boosts size of secondary sh...

MRKT Matrix - Tuesday, September 2nd Dow closes down about 250 points to kick off September on tariff worries, rising bond yields (CNBC) Analysts Increasing EPS Estimates Slightly for S&P 500 Companies for Q3 (FactSet) Treasury yields jump on prospect of U.S. having to refund tariff money; 30-year yield tops 4.97% (CNBC) Companies Reap Cash Savings From Trump’s New Tax Law (WSJ) US manufacturing a...

MRKT Matrix - Friday, August 29th Stocks close lower, but S&P 500 notches its 4th winning month in a row (CNBC) "Magnificent 7” Companies Reported Earnings Growth Above 25% for Q2 (FactSet) Fed’s Waller Sees Quarter-Point Cut in September, Then More (Bloomberg) US Consumer Spending Rises Firmly Despite Stubborn Inflation (Bloomberg) Higher Prices Are Coming for Household Staples (WSJ) Bond Market’...

MRKT Matrix - Thursday, August 28th S&P 500 rises to 6,500 for the first time as Nvidia results validate AI boom (CNBC) Nvidia Forecasts Decelerating Growth After Two-Year AI Boom (Bloomberg) Mexico to Raise Tariffs on Imports From China After US Push (Bloomberg) Best Buy reports modest sales recovery, but says tariffs are complicating its turnaround (CNBC) US Economy Expands at Revised 3.3% Rate...

MRKT Matrix - Wednesday, August 27th S&P 500 closes at record high as traders brace for Nvidia earnings (CNBC) Trump’s Fed Gamble Risks Pushing Key Bond Rates Even Higher (Bloomberg) Fed’s Williams Says Every Policy Meeting Is ‘Live’ for Rates (Bloomberg) EU to Propose Removing US Tariffs This Week to Meet Trump Demand (Bloomberg) Software’s Death by AI Has Been Greatly Exaggerated (WSJ) Apple Mak...

MRKT Matrix - Tuesday, August 26th S&P 500 closes higher as Nvidia gains, traders shake off Trump's latest Fed salvo (CNBC) Trump Moves to Fire Fed’s Cook, Setting Up Historic Fight (Bloomberg) Calm in Markets Is All But Over, Goldman and Deutsche Bank Say (Bloomberg) ‘AI Native’ Apps’ $18.5 Billion Annualized Revenues Rebut MIT’s Skeptical Study (The Information) Apple’s Aversion to Big Deals Cou...

MRKT Matrix - Monday, August 25th Stocks close lower to start the week as Nvidia’s gains fail to prop up Nasdaq (CNBC) Trump says government will make deals like Intel stake ‘all day long’ (CNBC) US New-Home Sales Exceed Forecast Following Upward Revision (Bloomberg) Tech Rally Shows Signs of Losing Steak (WSJ) Musk Sues Apple, OpenAI, Saying They Hurt AI Competition (Bloomberg) Struggling Snap Co...

MRKT Matrix - Friday, August 22nd Dow surges more than 800 points to post record close as Powell speech fuels rally (CNBC) Powell Opens Door to Interest Rate Cut, Citing Labor Markets (Bloomberg) Trump immigration policy may be shrinking labor force, economists say (CNBC) The Biggest Retailers Are Thriving in the Tariff Economy (WSJ) Nvidia Asks Suppliers to Halt H20 Work, Information Says (Bloomb...

MRKT Matrix - Thursday, August 21st S&P 500 posts fifth losing day ahead of Powell speech, Dow drops 150 points (CNBC) Fed Chair Powell set to deliver big Jackson Hole speech Friday. Here’s what Wall Street expects (CNBC) Trump official signals DOJ will investigate Fed Governor Cook (CNBC) Trump half-billion-dollar civil fraud fine overturned by New York appeals court (CNBC) EU, US Reach Agreement...

MRKT Matrix - Wednesday, August 20th Nasdaq falls for a second day as tech struggles again (CNBC) Trump Demands Fed’s Cook Quit as Pulte Seeks Mortgage Probe (Bloomberg) Trump Embarks on $104 Million Bond-Buying Spree While in Office (Bloomberg) Elon Musk Pledged to Start a Political Party. He Is Already Pumping the Brakes. (WSJ) Target Picks Insider as CEO to Lead Turnaround; Shares Drop (Bloombe...

MRKT Matrix - Tuesday, August 19th Dow pulls back from record, Nasdaq sheds 1% as Nvidia leads tech lower (CNBC) Bessent says interviews for ‘incredible group’ of potential Fed chairs will start after Labor Day (CNBC) Intel’s CEO Draws Support for Revival From SoftBank, Trump (Bloomberg) Apple just landed a key win for the global encryption fight (CNBC) How Pimco Outmaneuvered Apollo, KKR to Win $...

MRKT Matrix - Monday, August 18th Stocks dip to start the week as traders await Powell speech, retail earnings (CNBC) Powell Has Reason to Hedge Jackson Hole Signal as Data Zigzags (Bloomberg) Strong Crop of Earnings Eases Investors’ Economic Concerns (WSJ) OpenAI’s Sam Altman sees AI bubble forming as industry spending surges (CNBC) Bitcoin sinks to $115,000 after hitting its newest record, as ma...

MRKT Matrix - Friday, August 15th S&P 500 falls slightly Friday, but on track for big weekly gain (CNBC) Trump Says Semiconductor Tariffs Coming Soon, Could Reach 300% (Bloomberg) Trump and Putin Have Different Goals for Anchorage Summit (Bloomberg) ‘It better be different this time’: BofA’s Hartnett says the S&P’s price-to-book valuation is higher than dotcom bubble top (CNBC) US Retail Sales Cli...

MRKT Matrix - Thursday, August 14th Stocks trade marginally lower after hotter-than-expected inflation data (CNBC) US Producer Prices Rise by Most in Three Years on Services (Bloomberg) Bessent Says He’s Not Pushing Fed Cuts, Just Touting Models (Bloomberg) Economist Sumerlin confirms he’s in the running for Fed chair, backs big interest rate cut (CNBC) Americans’ 401(k)s Are More Tied to Stocks T...

MRKT Matrix - Wednesday, August 13th Dow rises 300 points, S&P 500 hits new record in second day of gains (CNBC) Trump considering 11 candidates for Fed chair, including David Zervos and Rick Rieder, sources say (CNBC) Bessent Urges Fed to Lower Rates by 150 Basis Points or More (Bloomberg) Investors Playing More Defense Even as Stocks Climb to New Highs (Bloomberg) Goldman stands by call that con...

MRKT Matrix - Tuesday, August 12th S&P 500 hits new record as CPI report gives Fed green light to cut rates (CNBC) Inflation Held Steady at 2.7% in July (WSJ) The Era of Big Raises for Low-Paid Workers Is Over (WSJ) Trump to Nominate Bureau of Labor Statistics Critic to Lead Agency (WSJ) Perplexity Makes Longshot $34.5 Billion Offer for Chrome (WSJ) Musk threatens ‘immediate’ legal action against...

MRKT Matrix - Monday, August 11th Stocks slip to start the week as traders look ahead to CPI data (CNBC) Small US Firms Paying Trump Tariffs Face $202 Billion Annual Hit (Bloomberg) American Companies Are Buying Their Own Stocks at a Record Pace (WSJ) A New Generation of ‘Buy the Dip’ Investors Is Propping Up the Market (WSJ) Nvidia, AMD to Pay 15% on China AI Chip Sales in US Deal (Bloomberg) Bui...

MRKT Matrix - Friday, August 8th S&P 500 rises, Nasdaq hits all-time high as Wall Street aims for a strong end to the week (CNBC) Trump’s Team Expands Search for Fed Chair, Adding New Names to List (WSJ) Gold Hit By Surprise US Tariffs, Unleashing New Turmoil (Bloomberg) S&P 500 Earnings Season Update: August 8, 2025 (FactSet) Trump Reminds CEOs Who the Ultimate Boss Is (WSJ) How Tim Cook convince...

MRKT Matrix - Thursday, August 7th Dow tumbles 300 points, giving up 300-point morning gain (CNBC) Waller Emerges as Favorite for Fed Chair Among Trump Team (Bloomberg) White House Prepares for Trump to Nominate Miran to Fed (Bloomberg) Stagflation Concerns Ripple Through Wall Street as Tariffs Hit (Bloomberg) US Continuing Jobless Claims Rise to Highest Since End of 2021 (Bloomberg) Trump to Sign...

MRKT Matrix - Wednesday, August 6th Stocks rise led by Apple gains, Dow climbs 100 points (CNBC) Trump Ramps Up Tariff Blitz With India, Pharma, Chips in Sights (Bloomberg) The Tariff Effect: Billions in Revenue but No Economic Earthquake (WSJ) Bets on Fed Rate Cuts Are Sweeping Through US Bond Market (Bloomberg) OpenAI in Talks for Share Sale at $500 Billion Valuation (Bloomberg) The AI job cuts...

MRKT Matrix - Tuesday, August 5th S&P 500 falls after weak economic data and more tariff threats (CNBC) Trump Says Treasury Secretary Bessent ‘does not want’ to be Fed chair, but 4 others in running (CNBC) India Defies Trump on Russian Oil Despite Tariff Threats (WSJ) OpenAI says ChatGPT is on track to reach 700M weekly users (TechCrunch) OpenAI releases lower-cost models to rival Meta, Mistral an...

MRKT Matrix - Monday, August 4th Dow rallies 500 points, clawing back all of Friday’s weak jobs report rout (CNBC) Analysts Increasing EPS Estimates Slightly for S&P 500 Companies for Q3 (FactSet) Trump to Name New Fed Governor, Jobs Data Head in Coming Days (Bloomberg) American Consumers Are Getting Thrifty Again (WSJ) Cash Windfall From Trump’s Tax Law Is Starting to Show Up at Big Companies (WS...

MRKT Matrix - Friday, August 1st Dow tumbles 500 points as weak jobs data, new tariffs spark sell-off (CNBC) S&P 500 Earnings Season Update: August 1, 2025 (FactSet) U.S. Hiring Was Weak in July, With 73,000 Jobs Added (WSJ) Trump fires commissioner of labor statistics after weaker-than-expected jobs figures slam markets (CNBC) Fed Governor Kugler is resigning, giving Trump a nominee on committee...