Stocks Dip on Inflation & Employment Concerns

Written By Timmy Adami

October 10, 2024

MRKT Matrix - Thursday, October 10th

  • S&P 500 slips from record after data showing sticky inflation, weakening labor market (CNBC)

  • Three Fed Officials Shrug Off CPI Report, Bostic Open to Pause (Bloomberg)

  • AMD CEO Predicts $500 Billion AI Chip Market by 2028. Will Its New GPU Beat Nvidia? (Barron's)

  • Nvidia Stock Rises After Management Says Blackwell Is Sold Out for 12 Months (Barron’s)

  • Retail investor hype for AI stocks seems to be slowing down (MarketWatch)

  • Delta’s Revenue Problems Went Beyond CrowdStrike (WSJ)

  • Wall Street Pros Avoid Election Bets With Race Too Close to Call (Bloomberg)

Timmy Adami
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