MRKT Matrix

S&P 500 Slips as Tech Fades, Inflation Heats Up

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MRKT Matrix - Tuesday, May 12th

  • S&P 500 retreats from record as tech rally cools off, inflation flares up (CNBC)
  • Prices at the Pump Are Wiping Out Wage Gains (WSJ)
  • Traders believe inflation could near 5% this year (CNBC)
  • Trump Says Trade, Not Iran, Will Be Priority in Summit With Xi (Bloomberg)
  • Jamie Dimon Warns of ‘Stupid’ Trade Issues Between US, Europe (Bloomberg)
  • CME Group and Silicon Data Partner to Launch First Compute Futures (CME Group)
  • Traders will soon be able to bet on computer chip prices as AI drives costs skyward (CNBC)
  • Amazon staff use AI tool for unnecessary tasks to inflate usage scores (FT)

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    MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets

    Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs

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