S&P 500 Snaps Win Streak, Apple Drags Nasdaq Lower

MRKT Matrix - Thursday, January 16th

• S&P 500 is little changed, Apple shares lead Nasdaq lower (CNBC)
• Morgan Stanley Profit Doubles With Big Stock-Trading Beat (Bloomberg)
• Bank of America tops estimates on better-than-expected investment banking, interest income (CNBC)
• LA Fires Test Bond Market Used to Shaking Off Disasters (Bloomberg)
• Mortgage Rates Top 7% for First Time Since Mid-2024 (WSJ)
• Wall Street Thinks U.S. Homes Are Overpriced (WSJ)
• EV, hybrid sales reached a record 20% of U.S. vehicle sales in 2024 (CNBC)
• Israel Delays Cabinet Vote on Cease-Fire Deal, Blames Hamas for Reneging (WSJ)
• TikTok CEO Plans to Attend Trump’s Inauguration (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

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