MRKT Matrix - Wednesday, June 12th

• S&P 500 closes above 5,400 for the first time as Fed notes ‘modest’ inflation progress (CNBC)
• Fed recap: Chair Powell explains why the central bank isn’t ready yet to cut rates (CNBC)
• Apple’s stock is about to achieve a feat not seen in 16 years (MarketWatch)
• After Apple Surge, Market Concentration Is Only Getting Worse. It’s Not a Problem—Yet. (Barron’s)
• Tesla Investors to Decide if Musk Deserves $45 Billion Payday (NYTimes)
• Oil’s last ‘hurrah’ is coming. Here’s the commodity investors should be buying instead, says Citi (MarketWatch)
• Caterpillar Hikes Quarterly Payout and Boosts Share Buyback Plan (Bloomberg)
• GitLab, DocuSign: Two Software Companies That May Not Stay Public for Long (The Information)
• Watch Today's MRTKT Call (YouTube)
• U.S. Travelers Can Renew Their Passports Online Starting Today (WSJ)

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