MRKT Call

Inflation Cools, Fed Signals One Hike, S&P Hits Record High

Listen Later

MRKT Matrix - Wednesday, June 12th

  • S&P 500 closes above 5,400 for the first time as Fed notes ‘modest’ inflation progress (CNBC)
  • Fed recap: Chair Powell explains why the central bank isn’t ready yet to cut rates (CNBC)
  • Apple’s stock is about to achieve a feat not seen in 16 years (MarketWatch)
  • After Apple Surge, Market Concentration Is Only Getting Worse. It’s Not a Problem—Yet. (Barron’s)
  • Tesla Investors to Decide if Musk Deserves $45 Billion Payday (NYTimes)
  • Oil’s last ‘hurrah’ is coming. Here’s the commodity investors should be buying instead, says Citi (MarketWatch)
  • Caterpillar Hikes Quarterly Payout and Boosts Share Buyback Plan (Bloomberg)
  • GitLab, DocuSign: Two Software Companies That May Not Stay Public for Long (The Information)
  • Watch Today's MRTKT Call (YouTube)
  • U.S. Travelers Can Renew Their Passports Online Starting Today (WSJ)


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