MRKT Matrix - Wednesday, June 5th

• ‘Mag Seven’ Drive US Stocks Toward All-Time Highs (Bloomberg)
• Apple Nears $3 Trillion Market Cap Again. Wall Street Is Getting Excited About WWDC. (Barron’s)
• S&P 500 rises to a record as Nvidia soars, investors look for rate cuts (CNBC)
• US Service Providers Chalk Up Strongest Growth in Nine Months (Bloomberg)
• Private payrolls growth slows to 152,000 in May, much less than expected, ADP says (CNBC)
• Bond Traders Pile Into Fresh Bets on Faster Pace of Fed Cuts (Bloomberg)
• Goldman Sees ‘Wall of Money’ Fueling Stock Market’s Summer Party (Bloomberg)
• Asia’s Chip Giants Hustle to Maintain Their Edge Over the U.S. (WSJ)
• China’s plan to sell cheap EVs to the rest of the world (FT)
• Americans Have More Investment Income Than Ever Before (WSJ)

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MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets