S&P Snaps Longest Winning Streak in Two Decades
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MRKT Matrix - Monday, May 5th

• S&P 500 slides for first time in 10 days as investors await details on trade deals (CNBC))

• Trump Suggests Some Trade Deals May Come as Soon as This Week (Bloomberg))

• Netflix, Disney Shares Slip on Tariff Plans For Foreign Films (Bloomberg))

• OPEC+ Supply Hike Forces Wall Street to Redo Sums, Yet Again (Bloomberg))

• Short Sellers Bet Against Private Credit Lenders (Bloomberg))

• Corporate America Is Leaving More Jobs Unfilled (WSJ))

• Warren Buffett to remain Berkshire Hathaway chairman, Greg Abel to become CEO at year-end, board votes (CNBC))

• OpenAI says nonprofit will retain control of company, bowing to outside pressure (CNBC))

• US lawmaker targets Nvidia chip smuggling to China with new bill (Reuters))

• Tariffs Threaten Semiconductor Supply Chains, Chip-Equipment Maker Warns (WSJ))

• Satellite images reveal Huawei’s advanced chip production line in China (Financial Times))

• Apple Plans iPhone Release Schedule Shakeup, New Styles (The Information))

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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