Stocks Retreat On Warm Inflation Report

MRKT Matrix - Thursday, December 12th Dow tumbles 200 points, Nasdaq retreats back below 20,000 after warm inflation report (CNBC) S&P 500’s Record Rally Shows Cracks as Most Stocks Left Out (Bloomberg) Stifel says a 10% to 15% S&P 500 correction is coming because of sticky inflation (CNBC) Adobe shares plunge 13% on disappointing revenue guidance (CNBC) ServiceTitan pops to $101 in cloud software vendor’s Nasdaq debut after selling shares at $71 (CNBC) Google’s Quantum Boost Doesn’t Really Compute (WSJ) Nvidia Steps Up Hiring in China to Focus on AI-Driven Cars (Bloomberg) China Comes Out Swinging as Trump Trade War Looms (WSJ) China Vows Bigger Fiscal Spending to Boost Consumption Next Year (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