S&P 500 and Dow Close At Record Highs

September 23, 2024

MRKT Matrix - Monday, September 23rd

  • S&P 500 rises to fresh record close Monday as traders aim to extend Fed cut relief rally (CNBC)

  • Fed Officials Leave Door Open to Another Large Interest-Rate Cut (Bloomberg)

  • Yardeni Says Fed Cut Raises Odds of ‘Outright Melt-Up’ in Stocks (Bloomberg)

  • Merrill’s Former Market Expert Says This Is Different From 1999 (Bloomberg)

  • Intel Gets Multibillion-Dollar Apollo Offer as Qualcomm Circles (Bloomberg)

  • GM’s EV sales momentum is finally building as new vehicle lineup fills out (CNBC)

  • US proposes banning Chinese software and components in vehicles (FT)

  • Google Emails Show Unease Over Advertising Dominance (WSJ)

  • Perplexity in talks with top brands on ads model as it challenges Google (FT)

  • Microsoft Nuclear Deal Should Be ‘Fast-Tracked’: Pennsylvania Gov. Shapiro (Barron’s)


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S&P 500 Notches 41st Record Close of the Year

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Stocks Close The Week Near Record Highs