Stocks Stall After Tuesday's Sell-Off

Written By Timmy Adami

September 4, 2024

MRKT Matrix - Wednesday, September 4th

  • Stocks waver as Wall Street tries to recover from big Tuesday sell-off (CNBC)

  • US Yield Curve Disinverts as Soft Labor Data Fuels Fed Cut Bets (Bloomberg)

  • Goldman’s Rubner Sees Potential Correction If Jobs Data Is Weak (Bloomberg)

  • At Dollar Tree, Even Middle-Income Consumers Are Pulling Back (WSJ)

  • Verizon Is in Talks to Buy Frontier Communications (Bloomberg)

  • U.S. Steel shares plunge on report White House preparing to block Nippon Steel takeover (CNBC)

  • UBS just downgraded critical chip firm ASML on expectations of a demand ‘normalization’ (CNBC)

  • Microsoft Customers Pause on Office AI Assistant Due to Budgets, Bugs (The Information)

  • Harris to Push for Capital Gains Rate Below 39.6%, Bucking Biden (Bloomberg)

Timmy Adami
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