About this episode
MRKT Matrix - Wednesday, July 1st
Dow closes little changed after touching record; Nasdaq slides to start July (CNBC)
Fed Chief Kevin Warsh declines to hint at July rate decision, but says inflation ‘too high’ (CNBC)
US Decides Against Renewing USMCA, Shifting to Rolling Talks (Bloomberg)
U.S. auto industry faces increased uncertainty without extension of USMCA trade deal (CNBC)
Meta Is Planning a Cloud Business to Sell AI Computing Power (Bloomberg)
Microsoft Plans Thousands of Layoffs in Sales, Engineering, Xbox (The Information)
Trump’s $1.4 Billion Haul Makes Him Biggest US Crypto Moneymaker (Bloomberg)
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