Banks Lift S&P 500 to New Record High

MRKT Matrix - Friday, October 11th Dow jumps 400 points to a record on Friday, S&P 500 closes above 5,800 for the first time (CNBC) JPMorgan Chase shares pop 5% after topping estimates on better-than-expected interest income (CNBC) Wells Fargo shares jump after earnings top Wall Street expectations (CNBC) S&P 500 Will Likely Report Earnings Growth Above 7% For Q3 (FactSet) Earnings growth should continue to drive the S&P 500, says UBS (CNBC) Tesla shares drop 8% after Cybercab robotaxi reveal ‘underwhelmed’ investors (CNBC) US Consumer Sentiment Unexpectedly Falls on High Cost of Living (Bloomberg) Jamie Dimon for Treasury Secretary: The Idea That Never Fades (Bloomberg) Jalen Brunson Is the Player the NBA Needs Right Now (Bloomberg) --- 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