MRKT Matrix

Yield Spike Sparks Sell-Off

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MRKT Matrix - Wednesday, May 21st

  • Dow slides more than 800 points as spiking Treasury yields and deficit fears spur a sell-off (CNBC)
  • Johnson Says Agreement Reached on $40,000 SALT Cap Increase (⁠Bloomberg⁠)
  • Target Cuts Outlook On Shopper Pullback, Hit to Retail’s Sales (Bloomberg)
  • Lowe’s sticks by full-year forecast as sales from home professionals boost business (CNBC)
  • Amazon CEO Andy Jassy says tariffs haven't dented consumer spending (CNBC)
  • CoreWeave Surges Past Analyst Targets as Citi Doubles Theirs (Bloomberg)
  • Nvidia CEO Urgers US to Ease AI Curbs After ‘Failure’ With China (Bloomberg)
  • OpenAI’s Biggest Data Center Secures $11.6 Billion in Funding (WSJ)
  • Former Apple Design Guru Jony Ive to Take Expansive Role at OpenAI (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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