Stocks Hover Near Record Highs Ahead of Fed Meeting Next Week

MRKT Matrix - Friday, June 7th S&P 500 hovers near record, heads for winning week (CNBC) Treasury Yields Surge as Jobs Spark Rethink on Fed (Bloomberg) JPMorgan, Citi Scrap Fed Rate-Cut Bets for July After Jobs Data (Bloomberg) BofA’s Hartnett Says Fed Cut Could Signal Trouble for Economy (Bloomberg) Nvidia's Stock Split: What Investors Should Know (WSJ) Nvidia is one of the most overbought stocks on Wall Street. Here are the rest (CNBC) TSMC’s May Sales Rise 30% as Countries Race to Secure AI Chips (Bloomberg) Apple's AI story is still a rough draft (Axios) GameStop tumbles 40% as ‘Roaring Kitty’ trader says little new about retailer on livestream (CNBC) GameStop shares drop after retailer posts 29% sales decline, reveals stock sale plan (CNBC) Long-Range EVs Now Cost Less Than the Average New Car in the US (Bloomberg) It’s a Buyer’s Market for Boats, RVs and Other Pandemic Toys (WSJ) China’s Exports Surge as Trade Tensions Near Boiling Point (NYT) At End of Trump Tax Cuts, Progressives See Leverage to Target the Rich (WSJ) Trump Tax Cut Renewal Is Winning Wall Street, But Could Cost $4.6 Trillion (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 Learn more about your ad choices. Visit megaphone.fm/adchoices