Stocks Rally on Vietnam Trade Deal
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MRKT Matrix - Wednesday, July 2nd

• S&P 500 hits new record as Trump announces Vietnam trade deal, gains limited by weak jobs data (CNBC))

• The private sector lost 33,000 jobs in June, badly missing expectations for a 100,000 increase, ADP says (CNBC))

• Signs of Euphoria Are Popping Up Everywhere Lately in Markets (Bloomberg))

• Tesla’s Global Vehicle Deliveries Plunged in Second Quarter (WSJ))

• Foxconn Pulls Chinese Staff From India in Hurdle for Apple (Bloomberg))

• Trump’s 35% Tariff Threat Feeds Japan’s Worst-Case Scenario (Bloomberg))

• Private Equity Is Struggling to Overcome Doubts on Valuations (Bloomberg))

• China Is Quickly Eroding America’s Lead in the Global AI Race (WSJ))

• Figma files for IPO on NYSE, plans to ‘take big swings’ with acquisitions (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