MRKT Call

S&P 500 Rises As Investors Shake Off Trump Tariffs

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MRKT Matrix - Tuesday, February 2nd

  • S&P 500 rises as investors shake off Trump's trade battles, Nasdaq gains 1% led by Palantir (CNBC)
  • China Hits Back Against Trump’s Tariffs With Targeted Actions (Bloomberg)
  • House Republicans Are Split on How Deeply to Cut Federal Spending (WSJ)
  • Trump Hints at Curbs on Musk’s Powers After Billionaire Shakes Up Washington (WSJ)
  • GM cuts 50% of Cruise staff after ending robotaxi business (CNBC)
  • Palantir soars 23% to record high as AI powers strong earnings and guidance (CNBC)
  • Amazon, King of Online Retail, Can’t Seem to Make Its Physical Stores Work (WSJ)
  • Big Tech’s Massive Spend Is Masking a Slowdown in Capex Growth (Bloomberg)
  • The Super Bowl will stream for free on Tubi, a big move for Fox’s streaming strategy (CNBC)
  • Warren Buffett’s Berkshire Hathaway scoops up more Sirius XM, boosting stake to 35% (CNBC)


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