Market Sell-Off Accelerates
July 18, 2024
MRKT Matrix - Thursday, July 18th
Dow tumbles 500 points, S&P 500 slides 1% as broad sell-off intensifies (CNBC)
Wall Street’s ‘Great Rotation Trade’ Takes a Break
Goldman’s Top Stock Analyst Is Waiting for AI Bubble to Burst (Bloomberg)
Eli Lilly’s stock plunges as investors eye obesity-drug competition (MarketWatch)
Domino's Stock Sinks After Pizza Chain Warns of Fewer Store Openings (WSJ)
Amazon Prime Day boosts US online sales to record $14.2 bln, Adobe says (Reuters)
Ford to spend $3 billion to expand large truck production to a plant previously set for EVs (CNBC)
OpenAI Has Talked to Broadcom About Developing New AI Chip (The Information)
Behind the Curtain: Top Dems now believe Biden will exit (Axios)
