Tech Leads Stock Market Rally

MRKT Matrix - Thursday, April 24th

• S&P 500 rises, Nasdaq pops 2% in tech-fueled jump (CNBC)
• One of Wall Street’s Biggest Bulls Slashes View as Tariffs Bite (Bloomberg)
• US Bonds Rally as Fed’s Hammack Revives Odds of a June Rate Cut (Bloomberg)
• JPMorgan Sees ‘Tremendous’ Opportunity in Treasuries on Fed Cuts (Bloomberg)
• The trade war’s wave of retail shortages will hit U.S. consumers in stages. Here’s when (CNBC)
• American Air Pulls Full-Year Outlook on Softer Demand Worry (Bloomberg)
• Merck Expects $200 Million Tariff Hit Amid Gardasil Fallout (Bloomberg)
• Procter & Gamble CEO says price hikes are ‘likely,’ as Tide owner cuts outlook due to tariffs, uncertainty (CNBC)
• Bank of America cuts Apple price target on tariff hit, delayed AI rollout (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