EPISODE · Sep 19, 2024 · 6 MIN
Another Record Day For Wall Street
from MRKT Call · host RiskReversal
MRKT Matrix - Thursday, September 19th Dow jumps 500 points, S&P 500 closes above 5,700 for the first time a day after Fed slashes rates (CNBC) There’s a new biggest bull on Wall Street as BMO raises year-end S&P 500 target to 6,100 (CNBC) Market bull Tom Lee hesitant to jump into this post-Fed rally (CNBC) Wells Fargo says don’t buy this rally, fundamentals don’t support it (CNBC) Wall Street’s $5.1 Trillion Triple-Witching Is Next Market Test (Bloomberg) Big Banks Are Split on How Fast the Fed Will Cut Interest Rates (Bloomberg) T-Mobile CEO says his company is selling the iPhone 16 ‘at a greater rate’ than last year’s model (CNBC) AI Tools Are Displacing Web Searches for The Information Readers (The Information) --- Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe 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 Learn more about your ad choices. Visit megaphone.fm/adchoices
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Another Record Day For Wall Street
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