MRKT Matrix - Wednesday, July 3rd

• S&P 500 inches higher as investors shake off weak data in shortened session (CNBC)
• 10-year Treasury yield tumbles after weak economic data (CNBC)
• Trump’s tariff plans could lead to five extra Fed rate hikes, Goldman Sachs chief economist says (MarketWatch)
• Fourth of July barbecue staples feel sting of inflation (Axios)
• Gas prices rise as Americans hit the road for holiday weekend, with more increases expected (Yahoo Finance)
• Analyst Dan Ives raises Tesla price target to $300, sees $400 possible in 2025 (CNBC)
• Ford sales edge 1% higher in the second quarter, led by trucks (CNBC)
• Bezos to Sell $5 Billion of Amazon as Shares Hit Record High (Bloomberg)
• Apple to join OpenAI’s board in observer role (FT)
• AI pushes Google emissions upward (Axios)
• The Underground Network Sneaking Nvidia Chips Into China (WSJ)
• JPMorgan’s Kolanovic to Exit Amid String of Poor Stock Calls (Bloomberg)

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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