Disappointing Employment Data Mutes Stock Gains
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MRKT Matrix - Wednesday, June 4th

• Dow falls, snapping four-day win streak, as soft payrolls report drags down sentiment (CNBC))

• A New Era of Trade Warfare Has Begun for the U.S. and China (NYTimes))

• Trump Says China’s Xi Is ‘Extremely Hard to Make a Deal With’ (Bloomberg))

• Trump’s 50% steel tariffs hit the world but UK spared full blow (CNBC))

• India Challenges US on Auto Tariffs in Toughening Trade Stance (Bloomberg))

• A Fatal Tesla Crash Shows the Limits of Full Self-Driving (Bloomberg))

• Musk calls Trump spending bill a ‘disgusting abomination’ (CNBC))

• Global Investors Have a New Reason to Pull Back From U.S. Debt (WSJ))

• CrowdStrike Shares Plunge After Sales Forecast Underwhelms (Bloomberg))

• Apple gets a rare downgrade as earnings and high valuation come under pressure (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