MRKT Matrix

MRKT Matrix - Friday, November 14th Nasdaq closes higher, snapping three-day losing streak as tech stocks recover some ground (CNBC) September jobs report will be out Thursday as first data since shutdown starts to trickle out (CNBC) Fed’s Hawks Seize Spotlight Making Case Against a December Cut (Bloomberg) Fewer burritos, more bargains: Consumers flash holiday warning signs (CNBC) Walmart’s Doug...

MRKT Matrix - Thursday, November 13th Dow drops more than 800 for worst day in over a month (CNBC) Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts (CNBC) New foreclosures jump 20% in October, a sign of more distress in the housing market (CNBC) October Jobs Report to Skip Unemployment Rate, Hassett Says (Bloomberg) Verizon to Cut About 15,000 Jobs (WSJ...

MRKT Matrix - Wednesday, November 12th Dow scores first close above 48,000, buoyed by expected end of government shutdown (CNBC) White House says October jobs and inflation data may never be released because of the shutdown (CNBC) US Wants to Start Easing Flight Cuts Within a Week Post-Shutdown (Bloomberg) The Fed Is Increasingly Torn Over a December Rate Cut (WSJ) Car Loan Delinquencies Hit Recor...

MRKT Matrix - Tuesday, November 11th Dow closes at record high, but Nasdaq slips as investors rotate out of technology stocks (CNBC) Hassett: Some economic surveys weren’t completed during shutdown, so we won’t know what happened (CNBC) Hassett Says Lost October Data Means ‘Cloudy’ Economic Outlook (Bloomberg) Job Seekers Stare Down a Gloomy Holiday Hiring Season (WSJ) ‘Ghost job’ postings are add...

MRKT Matrix - Monday, November 10th Dow closes up nearly 400 points, Nasdaq rebounds 2% with end to shutdown in sight (CNBC) Republicans Seek Swift Approval of Deal to Reopen Government (NYTimes) Are S&P 500 Companies Citing Impact from the Government Shutdown on Q3 Earnings Calls? (FactSet) The S&P 500 could reach 7,500 in 2026, UBS says (CNBC) Silver Prices Just Had One of Their Best Days of the...

MRKT Matrix - Friday, November 7th Nasdaq falls again on Friday, putting it on track for worst week since April (CNBC) Democrats Trim Shutdown Demands as Travel, Food Aid Delays Hit (Bloomberg) Shutdown means another missed jobs report Friday. Here’s what it probably would have shown (CNBC) Consumer Sentiment Falls Toward Record-Low Levels (WSJ) Chinese Exports Unexpectedly Slump for First Time Si...

MRKT Matrix - Thursday, November 6th Dow slides 400 points as AI stocks resume their decline, Nasdaq falls 2% (CNBC) Stocks making the biggest moves midday: Brighthouse Financial, Duolingo, Datadog, Snap & more (CNBC) US Companies Announce Most October Job Cuts in Over 20 Years (Bloomberg) Homebuilders Bet on 1% Mortgage Rates to Wake Up US Buyers (Bloomberg) Builders Are Offering Mortgage-Rate Di...

MRKT Matrix - Wednesday, November 5th Dow rises 300 points after AI trade recovers, Supreme Court shows doubt on Trump tariffs (CNBC) Almost Half of U.S. Imports Now Have Steep Tariffs (NYT) How China’s Chokehold on Drugs, Chips and More Threatens the U.S.  (WSJ) Deutsche Bank explores hedges for data centre exposure as AI lending booms (FT) Op-ed: The fuel for the AI boom driving the markets is a...

MRKT Matrix - Tuesday, November 4th Stocks drop on AI valuation concerns, Nasdaq falls 2% led by Palantir (CNBC) Stock Bulls Get Wake-Up Call From Wall Street CEOs (Bloomberg) This Famous Method of Valuing Stocks Is Pointing Toward Some Rough Years Ahead (WSJ) Job openings in October slumped to the lowest level since February 2021, Indeed measure shows (CNBC) IBM cutting thousands of jobs in the f...

MRKT Matrix - Monday, November 3rd S&P 500 rises to start November, pushed higher by Amazon and other AI leaders (CNBC) OpenAI strikes $38bn computing deal with Amazon (FT) Microsoft Signs $9.7 Billion Deal With Data Center Firm IREN (Bloomberg) Trump Officials Torpedoed Nvidia’s Push to Export AI Chips to China (WSJ) he Double Bind of the AI Bubble Means We’re Screwed Whether the Tech Succeeds or...

MRKT Matrix - Friday, October 31st Amazon’s stock soars 12% on third-quarter beat, increased spending guidance (CNBC) Tech’s $380 billion splurge: This quarter’s winners and losers of the AI spending boom (CNBC) Big Tech Is Spending More Than Ever on AI and It’s Still Not Enough (WSJ) Credit market hit with $200bn ‘flood’ of AI-related issuance (FT) S&P 500 Reporting Net Profit Margin Above 5-Year...

MRKT Matrix - Thursday, October 30th Stocks drop, Nasdaq hit hard as Big Tech leaders Meta and Microsoft decline after earnings (CNBC) Meta stock drops 10% as heightened AI spending overshadows strong third-quarter results (CNBC) Meta readies $25bn bond sale as soaring AI costs trigger stock sell-off (FT) Alphabet stock jumps 4% after posting strong results, boosting AI spend (CNBC) Microsoft take...

MRKT Matrix - Wednesday, October 29th Dow drops 100 points, giving up gain after Powell signals Fed may not cut again this year (CNBC) Key Takeaways From Fed Decision to Cut Rate by Quarter Point (Bloomberg) Government Shutdown Has Already Cost US Economy $18 Billion This Year, CBO Says (Bloomberg) Tens of Thousands of White-Collar Jobs Are Disappearing as AI Starts to Bite (WSJ) GM lays off more...

MRKT Matrix - Tuesday, October 28th S&P tops 6,900 for first time as investors bid up AI trade before Fed rate decision (CNBC) AI stocks could be part of a new Mag 7 (Axios) The next chapter of the Microsoft–OpenAI partnership (OpenAI) OpenAI restructuring pushes Microsoft’s valuation above $4tn (FT) PayPal Raises Earnings Guidance After Announcing OpenAI Deal (Bloomberg) Nvidia’s Huang Works to C...

MRKT Matrix - Monday, October 27th S&P 500 rallies 1% to notch first close ever above 6,800 on potential China trade truce (CNBC) Costs to Hedge the $16 Trillion S&P 500 Rally Rise Ahead of Fed (Bloomberg) Trump Considers Fed Chair Selection by Year-End from Slate of Five Finalists (WSJ) Qualcomm Debuts Chip to Rival Nvidia in AI Accelerator Market (Bloomberg) Exclusive: US Department of Energy fo...

MRKT Matrix - Friday, October 24th Dow rises 500 points to record as Friday’s rally on mild inflation data accelerates (CNBC) S&P 500 Earnings Season Update (FactSet) Goldman Sachs says risks of an equity drawdown are rising as stocks hit another record (CNBC) Investors use dotcom era playbook to dodge AI bubble risks (Reuters) AMD’s stock pops 7% on report IBM can use its chips for quantum comput...

MRKT Matrix - Thursday, October 23rd S&P 500 rebounds, making up Wednesday’s loss and then some (CNBC) U.S. Oil Sanctions Strike at Russia’s Economic Lifeline (WSJ) Lower mortgage rates push home sales up in September, but prices still stubbornly high (CNBC) Wall Street Bonuses Poised for Record as Bank Profits Surge (Bloomberg) OpenAI buys AI startup that built interface for Apple computers (CNBC...

MRKT Matrix - Wednesday, October 22nd Dow closes down 300 points on trade fears, latest earnings (CNBC) Government shutdown becomes 2nd longest in U.S. history (CNBC) China’s Phone Makers Are Chasing Xiaomi, Not Apple (Bloomberg) Is the Flurry of Circular AI Deals a Win-Win—or Sign of a Bubble? (WSJ) Amazon’s switch to robots over human warehouse employees will save it up to $4 billion a year, Mor...

MRKT Matrix - Tuesday, October 21st Dow sets new record close just below 47,000 on strong Coca-Cola, 3M earnings (CNBC) Trump Sees Successful Xi Meeting, But Allows It Might Not Happen (Bloomberg) OpenAI launches an AI-powered browser: ChatGPT Atlas (TechCrunch) Apple’s Planned Foldable iPad With 18-inch Screen Hits Development Snags (Bloomberg) Amazon Plans to Replace More Than Half a Million Job...

MRKT Matrix - Monday, October 20th Dow jumps 500 points as rally accelerates Monday on the back of Apple (CNBC) Wall Street’s fear gauge refuses to go lower even as markets stabilize. Something has to give (CNBC) The Warning Signs Lurking Below the Surface of a Record Market (WSJ) Apple stock rallies following strong iPhone 17 sales in U.S. and China Bitcoin rises 2.5%, retakes $111,000, leading c...

MRKT Matrix - Friday, October 17th Dow jumps 300 points as bank credit concerns and China trade tensions ease (CNBC) ‘The tide went out’: How a string of bad loans has bank investors hunting for hidden risks (CNBC) Moody’s says the banking system, private credit markets are sound despite worries over bad loans (CNBC) S&P 500 Earnings Season Update (FactSet) Fed's Waller on board for an October rat...

MRKT Matrix - Thursday, October 16th Stocks fall as fears about bad loans in banking industry grow (CNBC) Regional banks, Jefferies shares tank as concerns about sour loans grow on Wall Street (CNBC) Oil Prices Drop to the Lowest Level in Nearly Five Years (WSJ) Retail traders’ incredible support of the stock market continues with biggest options volume day ever (CNBC) Credit-Card Data Show Softer...

MRKT Matrix - Wednesday, October 15th S&P 500 edges higher in another volatile session, Bank of America rallies on earnings (CNBC) Wall Street Banks Notch $15 Billion Trading Haul on Stock Rally (Bloomberg) The Nation’s Biggest Banks Are Saying the Economy Is Still Strong (WSJ) Treasury Secretary Bessent says a stock market decline won’t deter the U.S. from taking strong action against China (CNBC...

MRKT Matrix - Tuesday, October 14th S&P 500 closes in red during volatile session as Trump knocks China once again (CNBC) Trump threatens China with cooking oil embargo over soybean snub (CNBC) Bank Earnings Update (FactSet) Dimon’s ‘Cockroach’ Fear Revives Threat of Growing Credit Cracks (Bloomberg) Fed’s Powell suggests tightening program could end soon, offers no guidance on rates (CNBC) Scott...

MRKT Matrix - Monday, October 13th Stocks claw back more than half of Friday’s rout after Trump softens China stance (CNBC) Gold breaks $4,100 to hit high on trade jitters, rate-cut optimism (CNBC) Silver Prices Just Hit Their First Record Since 1980 (WSJ) OpenAI, Broadcom Forge Multibillion-Dollar Chip-Development Deal (WSJ) Quantum stocks surge after JPMorgan investing push into strategic tech  ...