Whipsaw Day on Wall Street

Written By Timmy Adami

September 11, 2024

MRKT Matrix - Wednesday, September 11th

  • Nasdaq climbs more than 1.5% as Wall Street bounces back from inflation report sell-off (CNBC)

  • Nvidia Stock Pops 7% As CEO Huang Touts Demand For Chips (Forbes)

  • Here’s the inflation breakdown for August 2024 — in one chart (CNBC)

  • A Recession Signal Is Flashing Red. Or Is It? (WSJ)

  • Rate Cuts Won’t Quickly Ease Strain on Consumers (Bloomberg)

  • Mortgage rates hit lowest level since February 2023 (CNBC)

  • Novo Nordisk experimental obesity pill has mild-to-moderate side effects in trial (Reuters)

  • Bitcoin could soon hit six figures regardless of who wins U.S. election, investors say (CNBC)

Timmy Adami
Previous

Stocks Post Best Week of the Year
Next

Stocks Tick Up As Volatility Continues