Tech Stocks as Market Safe Haven

MRKT Matrix - Wednesday, March 11th

• Dow slides 300 points as oil prices move higher again amid Iran conflict (CNBC)
• Iran’s Control of Hormuz Means It’s Exporting More Oil Today Than Before the War (WSJ)
• Tame CPI Still Spells Trouble for Fed’s Favored Inflation Gauge (Bloomberg)
• SCRIPT Investors seek shelter from Iran war in US tech stocks (FT)
• Wall Street Is Optimistic That Worst of Software Wipeout Is Over (Bloomberg)
• McAfee Makes Quick Win in Software Rout With Bond Buyback (Bloomberg)
• JPMorgan Restricts Private Credit Lending After Markdowns (Bloomberg)
• Goldman executive says private markets clients ‘glad’ about Iran war ‘distraction’ (FT)
• Meta rolls out in-house AI chips weeks after massive Nvidia, AMD deals (CNBC)

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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