MRKT Matrix

Tech Drags S&P 500 New Highs

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MRKT Matrix - Wednesday, May 13th

  • S&P 500 hits another record driven by tech alone as most stocks decline on the day (CNBC)
  • Wholesale inflation jumps 6% in April on annual basis, biggest increase since 2022 (CNBC)
  • Wall Street Is Getting More Anxious About Long-Term Inflation (WSJ)
  • Treasury Buyers Get 5% Long Bond for First Time Since 2007 (Bloomberg)
  • Kevin Warsh Is Confirmed as Fed Chair in 54–45 Senate Vote (WSJ)
  • What Trump and Xi Want to Achieve at Their High-Stakes Summit (WSJ)
  • Alibaba jumps as it strikes bullish tone on AI investments, even as profit plunges (CNBC)

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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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