Investors Remain Cautious Ahead of China Trade Talks
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MRKT Matrix - Friday, May 9th

• Stocks muted on Friday as traders are cautious ahead of China trade talks (CNBC))

• Trump Says 80% China Tariff ‘Seems Right,’ Ahead of Talks (Bloomberg))

• First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports (CNBC))

• Buy the trade deal expectations, but sell the fact, BofA’s Hartnett says (CNBC))

• Trump Seeks Tax Hike on Wealthy Earnings $2.5 Million or More (Bloomberg))

• Fed’s Barr Warns Tariffs Risk Higher Inflation, Unemployment (Bloomberg))

• S&P 500 Earnings Season Update (FactSet))

• IPO Market, Frozen Since Liberation Day, Shows Some Signs of Thaw (WSJ))

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