S&P Rises for Fourth Straight Day
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MRKT Matrix - Thursday, May 15th

• S&P 500 rises for a fourth day, Dow adds 260 points (CNBC))

• Fed’s Powell cautions about higher long-term rates as ‘supply shocks’ provide policy challenges (CNBC))

• Dimon Says Recession Remains a Possibility on Tariff Fallout (Bloomberg))

• Steve Cohen says stocks could retest their April lows, sees a 45% chance of recession (CNBC))

• Trump Asks Apple to Stop Moving iPhone Production to India (Bloomberg))

• Trump Says US and Iran Are Closer to Reaching a Nuclear Deal (Bloomberg))

• EU Readies New Trade Proposal for US as Tariff Talks Move Slowly (Bloomberg))

• Walmart Becomes Biggest Retailer Yet to Pass Through Tariff Price Increases (WSJ))

• Meta Is Delaying the Rollout of Its Flagship AI Model (WSJ))

• Dick’s Sporting Goods to Buy Foot Locker for $2.4 Billion (Bloomberg))

• UnitedHealth Group Is Under Criminal Investigation for Possible Medicare Fraud (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