MRKT Matrix

Stocks Tick Slightly Higher As Oil Prices Slip

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MRKT Matrix - Wednesday, May 27th

  • Dow rises 200 points to record as oil declines, but a pause in the chip rally weighs on the S&P 500 (CNBC)
  • Goldman raises its S&P 500 year-end forecast. It’s for one simple reason (CNBC)
  • Bank of America says prepare for a ‘summer correction’ after rally to record highs (CNBC)
  • Americans Are About to Pay Even More at the Grocery Store (Bloomberg)
  • Mortgage refinance demand drops 18% as rates hit highest level since August (CNBC)
  • JPMorgan, BofA CEOs Predict Another Round of Trading Windfalls (Bloomberg)
  • Robinhood Lets Customers Use AI to Trade Stocks, Make Credit-Card Purchases (WSJ)
  • Ford’s Stock Is Surging—and It’s Got Nothing to Do With Its Car Business (WSJ)
  • China Wants Its Companies to Embrace AI—Without Firing Workers (WSJ)


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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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