MRKT Call

Stock Market Sell-Off, Nvidia Surges, Yields Spike

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MRKT Matrix - May 233d, 2024
  • Market Wrap (FactSet Data & CNBC)
  • Nvidia shares pop 10% to record high after forecast signals unwavering demand for AI chips (CNBC)
  • JPMorgan CEO Jamie Dimon says can’t rule out ‘hard landing’ for the U.S., stagflation will be ‘worst outcome’ (CNBC)
  • Boeing Says Cash Flow Is Worse Than It Thought (WSJ)
  • US says it is ‘time to break up’ Ticketmaster parent Live Nation (FT)
  • Prices at the Pump Are Dropping Just in Time for Memorial Day Weekend (WSJ)



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