
MRKT Call Cyclical Stocks Fall, Chip Wars Heat Up & The Great Economic Divide
Jun 3, 2024
06:27
MRKT Matrix - Monday, June 3rd
- Dow falls 200 points to kick off June trading on concerns about the economy (CNBC)
- NYSE says technical issue that caused Berkshire Hathaway to be displayed down 99% is fixed (CNBC)
- Oil hits four-month low as OPEC+ decision fails to allay demand worries (Reuters)
- Bad economic news has been good for stocks, but that could change this week (CNBC)
- AMD announces new AI chips amid intensifying competition with Nvidia, Intel (CNBC)
- Nvidia’s stock is responsible for a third of the S&P 500’s gains this year (MarketWatch)
- Spotify raises prices of premium subscription plans (CNBC)
- E*Trade Considers Kicking Meme-Stock Leader Keith Gill Off Platform (WSJ)
- The Great Divide (Axios)
- Mexican Stocks and Peso Slide After Ruling Party's Landslide Election Victory (WSJ)
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