Stock Rally Takes A Breather

MRKT Matrix - Tuesday, August 20th S&P 500 tracks for first losing day in 9 as comeback rally takes a breather (CNBC) Lilly’s Zepbound Cut Risk of Diabetes by 94% in Obese People (Bloomberg) Lowe’s cuts full-year outlook as it expects weaker home improvement sales (CNBC) Boeing pauses tests of 777X aircraft after finding damage to one of the jets’ structures (CNBC) Elon Musk’s Twitter Takeover Is Now the Worst Buyout for Banks Since the Financial Crisis (WSJ) Share of Job Seekers Highest Since 2014 (Federal Reserve Bank of New York) Food Industry Pushes Back Against Kamala Harris’s ‘Price Gouging’ Plan (WSJ) The economy-wide bullwhip effect (Axios) --- 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