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Stocks Retreat On Warm Inflation Report

Episode 144 Published 1 year, 10 months ago
Description

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)


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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

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