Stocks Inch Higher After Volatile Week

August 9, 2024

MRKT Matrix - Friday, August 9th

  • Stocks close higher, clawing back much of the week’s losses in major recovery from Monday’s sell-off (CNBC)

  • S&P 500 Earnings Season Update: August 9, 2024 (FactSet)

  • Has the U.S. Economy Reached a Tipping Point? (WSJ)

  • Volatility Pros Say Record VIX Surge on Monday Was a Head Fake (Bloomberg)

  • Summers Calls for SEC, Exchanges to Probe Monday’s VIX Surge (Bloomberg)

  • Buffett’s Apple Share Dump Is Set to Reshape Major Stock Gauges (Bloomberg)

  • How Google’s Antitrust Losses Could Shrink Its Business (The Information)

  • Amazon Cozies Up to TikTok. What’s Bringing the E-Commerce Rivals Together (Barrons)

  • Nvidia Stock Falls. What TSMC’s Sales Mean for the Chip Maker (Barrons)

  • JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI (CNBC)


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