MRKT Matrix

Tech Rally Lifts S&P 500, Nasdaq To Record Close

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MRKT Matrix - Thursday, May 28th

  • S&P 500 and Nasdaq close at new records, lifted by tech rally (CNBC)
  • Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows (CNBC)
  • Americans’ savings rate falls to lowest level since 2022 as inflation outpaces paychecks (CNBC)
  • Pressured Shoppers Keep Stretching Budgets, Aiding Retailers (Bloomberg)
  • Americans Are Sick of High Prices. Companies Are Finally Doing Something About It. (WSJ)
  • One Million New-Car Buyers Are Gone and They’re Not Coming Back Soon (WSJ)
  • Anthropic tops OpenAI as most valuable AI startup, nears $1 trillion valuation in latest round (CNBC)
  • Apple to Overhaul iOS 27 Siri, AI Features: Here's a First Peek (Bloomberg)


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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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