S&P Closes at Record High for Fourth Straight Day

MRKT Matrix - June 13th S&P 500 posts its fourth straight record close, buoyed by cooler inflation data (CNBC) UBS says S&P 500 could rally past its bullish target because of falling inflation and rates (CNBC) Treasury Secretary Yellen says U.S. debt load is in ‘reasonable place’ if it remains at this level (CNBC) Broadcom Reclaims the AI Stock Spotlight. Why There Could Be More to Come. (Barron’s) OpenAI’s Annualized Revenue Doubles to $3.4 Billion Since Late 2023 (The Information) Steve Eisman says this is one of the more interesting things on the AI boom he’s heard in a long time (CNBC) Ford Motor Expands EV Sales, Service to All U.S. Dealers (WSJ) Tesla shares up after Elon Musk says he is set for victory in $56 billion pay vote (CNBC) From dying mall brand to Wall Street winner: How Abercrombie & Fitch pulled off retail’s biggest comeback (CNBC) Servers for GameStop annual shareholder meeting crash due to overwhelming interest (CNBC) --- 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 Learn more about your ad choices. Visit megaphone.fm/adchoices