MRKT Matrix - Wednesday, April 16th
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**Nasdaq drops 3% as tech sell-off accelerates **(CNBC))
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Global Tech Stocks Drop as ASML Warning Adds to Nvidia Curbs (Bloomberg))
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**Powell indicates tariffs could pose a challenge for the Fed between controlling inflation and boosting growth **(CNBC))
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**Bank of Canada Sees Year-Long Recession in All-Out Trade War **(Bloomberg))
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Treasury Secretary Scott Bessent to Yahoo Finance: Not all tariff deals will be done in 90 days (Yahoo Finance))
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China Open to Talks If US Shows Respect, Names Point Person (Bloomberg))
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Top Forecasters Warn Housing Market’s Days of Big Gains Are Over For Now (Bloomberg)**) **
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U.S. vehicle supply is falling amid tariff fear-buying (CNBC))
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Trump’s tariffs on Chinese parts for Cybercab, Semi disrupt Tesla’s US production plans, source says (Reuters))
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Lyft to buy taxi app Free Now for $200 million to expand into Europe (CNBC))
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OpenAI in talks to pay about $3 billion to acquire AI coding startup Windsurf** (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
