MRKT Matrix

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...

MRKT Matrix - Thursday, July 31st S&P 500 posts third straight losing day as Meta, Microsoft fail to lift market (CNBC) Key US Inflation Gauge Picks Up on Goods, Spending Barely Rises (Bloomberg) Powell’s Gamble: That the Economy Will Reveal Its True Self in the Next Two Months (WSJ) Trump and Dimon Are Talking Again After Yearslong Rift (WSJ) Trump’s tariff deadline is near. Here’s a look at coun...

MRKT Matrix - Wednesday, July 30th S&P 500 turns lower as Powell signals the Fed is not ready to cut rates yet (CNBC) US Economy Expands at a More Moderate Pace So Far This Year (Bloomberg) Trump says Friday tariff deadline ‘will not be extended’ (CNBC) Bank of America expects a jobs report dud on Friday (CNBC) A Twitchy Market Is Punishing Stocks for the Slightest Earnings Dings (Barron’s) S&P 50...

MRKT Matrix - Tuesday, July 29th S&P 500 retreats from record as comeback rally pauses before Fed decision (CNBC) Trump’s New Trade Order Is Fragile (WSJ) China lays out its AI vision in foil to Donald Trump’s ‘America First’ plan (Financial Times) Nvidia orders 300,000 H20 chips from TSMC due to robust China demand, sources say (Reuters) Apple to Shutter a Retail Store in China for the First Time...

MRKT Matrix - Monday, July 28th S&P 500 gives up gain and turns lower despite EU trade deal as traders brace for busy week (CNBC) S&P 500 Reporting Net Profit Margin Above 12% for the 5th Straight Quarter (FactSet) US and China Are Expected to Extend Trade Truce by 90 Days, SCMP Says (Bloomberg) Donald Trump freezes export controls to secure trade deal with China (Financial Times) EU faces backlas...

MRKT Matrix - Friday, July 25th S&P 500 rises, heads for winning week on strong earnings, trade deal optimism (CNBC) S&P 500 Earnings Season Update: July 25, 2025 (FactSet) Trump’s Tariffs Are Being Picked Up by Corporate America (WSJ) Trump Is Shifting to Dealmaking Mode on China (WSJ) US-Japan Trade Deal Hinges on Fund That Remains a Puzzle (Bloomberg) OpenAI prepares to launch GPT-5 in August (...

MRKT Matrix - Thursday, July 24th Nasdaq, S&P 500 hit fresh records after strong Alphabet earnings (CNBC) Trump Says Countries Will Face Tariffs Ranging From 15% to 50% (Bloomberg) Tensions simmer as Xi courts EU while Brussels demands trade rebalance (CNBC) Tesla Braces for ‘Rough’ Quarters as US Ends EV Incentives (Bloomberg) Is AI Killing Google Search? It Might Be Doing the Opposite (WSJ) Sydn...

MRKT Matrix - Wednesday, July 23rd Dow jumps 400 points, S&P 500 hits another record as Trump hatches trade deals before deadline (CNBC) Trump Strikes Deal With Ally Japan Setting Tariff Rate at 15% (Bloomberg) Canada Says It Won’t Accept a Trade Deal With the U.S. at ‘Any Cost’ (NYTimes) EU Readies €100 Billion No-Deal Plan to Match US 30% Tariff (Bloomberg) US Tariffs Are Changing Europe’s Appro...

MRKT Matrix - Tuesday, July 22nd S&P 500, Nasdaq retreat from records as chip stocks decline (CNBC) Top economist Mohamed El-Erian breaks ranks with Wall Street and says Powell should resign to preserve Fed independence (CNBC) Bessent says Powell doesn’t need to resign but should conduct internal review (CNBC) SoftBank and OpenAI’s $500 Billion AI Project Struggles to Get Off Ground (WSJ) OpenAI G...

MRKT Matrix - Monday, July 21st S&P 500 and Nasdaq hit record highs to start the week amid earnings optimism (CNBC) EU Is Racing to Secure US Trade Deal and Preparing for Worst (Bloomberg) S&P 500 Signals the US Stock Rally Momentum is Waning (Bloomberg) Are “Magnificent 7” Companies Still Top Contributors to Earnings Growth for the S&P 500 for Q2? (FactSet) The US Economy Is Regaining Its Swagger...

MRKT Matrix - Friday, July 18th Dow closes more than 100 points lower after report says Trump seeks at least 15% tariff on EU imports (CNBC) Donald Trump pushes for 15%-20% minimum tariff on all EU goods (FT) Fed’s Waller Hints at July Dissent as He Makes Case for Rate Cut (Bloomberg) S&P 500 Earnings Season Update: July 18, 2025 (FactSet) Netflix posts earnings beat as revenue grows 16% in second...

MRKT Matrix - Thursday, July 17th Dow jumps 200 points, boosted by strong earnings and U.S. economic data (CNBC) US Retail Sales Surge in Broad Advance, Topping Estimates (Bloomberg) Uber Partnering With Lucid, Nuro to Launch Robotaxis in 2026 (Bloomberg) US Initial Jobless Claims Decline for a Fifth Straight Week (Bloomberg) TSMC profit surges 61% to record high fueled by AI chip demand (CNBC) Tr...

MRKT Matrix - Wednesday, July 16th S&P 500 rises in volatile session as Trump denies he is firing Powell (CNBC) Trump Effect Starts to Show Up in Economy (WSJ) Hassett Grabs Pole Position in Race to Be Trump’s New Fed Chair (Bloomberg) US Producer Prices Stagnated on Decline in Services Costs (Bloomberg) Goldman Posts Best Stock-Trading Quarter in Wall Street History (Bloomberg) Trump Says Drug Ta...

MRKT Matrix - Tuesday, July 15th Dow falls 300 points on earnings, inflation concerns; Nvidia boosts Nasdaq (CNBC) Inflation Hit 2.7% in June, in Line With Expectations (WSJ) Bessent Suggests Powell Should Leave Fed Board in May (Bloomberg) JPMorgan’s Surprise Dealmaking Gain Shows Tariff Fear Easing (Bloomberg) Citigroup Traders Post Bumper Haul on Trump’s Tariff Upheaval (Bloomberg) Nvidia, AMD...

MRKT Matrix - Monday, July 14th Stocks rise as traders bet on lower tariffs before Aug. 1 (CNBC) Trump Tariff Salvos Push Economies to Seek to Broaden Trade Ties (Bloomberg) Musk Says Tesla Shareholders Will Vote on xAI Investment (Bloomberg) Jamie Dimon Says Private Credit Is Dangerous–and He Wants JPMorgan to Get In on It (WSJ) Japanese Bonds Tumble as Fiscal Worries Mount Before Election (Bloom...

MRKT Matrix - Friday, July 11th Dow drops 200 points, S&P retreats from record as Trump escalates trade battles (CNBC) Trump Threatens 35% Canada Tariff, Floats Higher Global Rate (Bloomberg) S&P 500 Earnings Season Update: July 11, 2025  (FactSet) Saudis Lift Oil Output Above Quota in Rare OPEC+ Breach (Bloomberg) BP Flags Hit From Lower Oil, Gas Prices but Expects Production Rebound (WSJ) Perfor...

MRKT Matrix - Thursday, July 10th Dow gains 200 points as traders shake off tariff developments (CNBC) Trump’s 50% Levy on Brazil Shows World Nothing Is Off Limits (Bloomberg) What Division Inside the Fed Means for Future Interest-Rate Cuts (Bloomberg) TSMC Revenue Climbs 39% in Latest Sign of AI Spending Boom (Bloomberg) Delta Gives Upbeat Outlook as CEO Hails ‘Stable’ Environment (Bloomberg) Ope...

MRKT Matrix - Wednesday, July 9th S&P 500 rebounds after 2 days of losses, Nvidia leads gain as it reaches $4 trillion market value (CNBC) Google’s Unloved Stock Makes It a Big Tech Bargain (WSJ) Tariffs are already squeezing corporate margins, new survey finds (Axios) Two Kevins Battle to Be Next Fed Chair in Trump’s Apprentice-Style Contest (WSJ) Nvidia hits $4 trillion market cap, first company...

MRKT Matrix - Tuesday, July 8th S&P 500 struggles for a second day as Trump says no extensions will be granted to Aug. 1 trade deadline (CNBC) U.S.’s Biggest Asian Allies Ready Last-Ditch Trade Appeal to Trump (WSJ) Bank of America raises year-end S&P 500 target to catch up to ‘meteoric run,’ sees little gain from here (CNBC) Goldman Sachs becomes second Wall Street bank to raise its S&P 500 targe...

MRKT Matrix - Monday, July 7th Dow drops 500 points to fresh low of the day as Trump tariffs rattle markets (CNBC) Trump Sets Aug. 1 Start for Tariffs Ahead of Wednesday Deadline (Bloomberg) Donald Trump threatens extra 10% tariff over ‘anti-American’ Brics policies (Financial Times) Looking Beyond the U.S. for Trade, Canada Begins Shipping Natural Gas to Asia (NYTimes) OPEC Plus Agrees to Pump Mo...

MRKT Matrix - Thursday, July 3rd Dow rises 350 points, S&P 500 hits fresh record after a better-than-expected June jobs report (CNBC) Hiring Defied Expectations in June, With 147,000 New Jobs (WSJ) Oracle, OpenAI Expand Stargate Deal for More US Data Centers (Bloomberg) Why stablecoins are shifting from crypto fringe to corporate strategy (Financial Times) CEOs Start Saying the Quiet Part Out Loud...

MRKT Matrix - Wednesday, July 2nd S&P 500 hits new record as Trump announces Vietnam trade deal, gains limited by weak jobs data (CNBC) The private sector lost 33,000 jobs in June, badly missing expectations for a 100,000 increase, ADP says (CNBC) Signs of Euphoria Are Popping Up Everywhere Lately in Markets (Bloomberg) Tesla’s Global Vehicle Deliveries Plunged in Second Quarter (WSJ) Foxconn Pull...

MRKT Matrix - Tuesday, July 1st Dow rallies, S&P 500 is flat as investors rotate out of tech to start new quarter (CNBC) Amazon Is on the Cusp of Using More Robots Than Humans in Its Warehouses (WSJ) Car Sales Hit a Wall as Tariff-Induced Shopping Spree Subsides (Bloomberg) Homes Are Taking Longer to Sell in US Market That Once Flourished (Bloomberg) Analyst Dan Ives says it will be the summer of...