401(k) Hardship Withdrawals Rise

MRKT Matrix - Wednesday, March 4th

• S&P 500 turns positive for week as investors look past Iran conflict (CNBC)
• Iran War Oil Shock Threatens to Unleash Wave of Global Inflation (Bloomberg)
• Trump officially nominates Kevin Warsh as Fed chair to replace Jerome Powell (CNBC)
• After Powell, Can the Fed Stay Independent? (WSJ)
• Bessent says global 15% tariff starts this week, predicts Trump duties will return to old levels
• US to Pay Interest If Ordered to Refund Importers Over Tariffs (Bloomberg)
• The labor market is finally stabilizing, but there's a catch (Axios)
• Record Numbers of Workers Are Raiding Their 401(k) Savings (WSJ)
• Nvidia Swears Off an Earnings Crutch, Putting Pressure on Other Tech Companies (WSJ)
• Nvidia CEO Huang says $30 billion OpenAI investment ‘might be the last’ (CNBC)
• Apple Uses Low Prices to Attack Rivals During Memory-Chip Crunch (WSJ)

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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