MRKT Call

Stocks Hover Near Record Highs Ahead of Fed Meeting Next Week

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MRKT Matrix - Friday, June 7th

  • S&P 500 hovers near record, heads for winning week (CNBC)
  • Treasury Yields Surge as Jobs Spark Rethink on Fed (Bloomberg)
  • JPMorgan, Citi Scrap Fed Rate-Cut Bets for July After Jobs Data (Bloomberg)
  • BofA’s Hartnett Says Fed Cut Could Signal Trouble for Economy (Bloomberg)
  • Nvidia's Stock Split: What Investors Should Know (WSJ)
  • Nvidia is one of the most overbought stocks on Wall Street. Here are the rest (CNBC)
  • TSMC’s May Sales Rise 30% as Countries Race to Secure AI Chips (Bloomberg)
  • Apple's AI story is still a rough draft (Axios)
  • GameStop tumbles 40% as ‘Roaring Kitty’ trader says little new about retailer on livestream (CNBC)
  • GameStop shares drop after retailer posts 29% sales decline, reveals stock sale plan (CNBC)
  • Long-Range EVs Now Cost Less Than the Average New Car in the US (Bloomberg)
  • It’s a Buyer’s Market for Boats, RVs and Other Pandemic Toys (WSJ)
  • China’s Exports Surge as Trade Tensions Near Boiling Point (NYT)
  • At End of Trump Tax Cuts, Progressives See Leverage to Target the Rich (WSJ)
  • Trump Tax Cut Renewal Is Winning Wall Street, But Could Cost $4.6 Trillion (Bloomberg)


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