Nasdaq Returns To Record High

October 29, 2024

MRKT Matrix - Tuesday, October 29th

• Nasdaq jumps to record close as major tech names rise ahead of earnings (CNBC)

• Stocks making the biggest moves midday (CNBC)

• Bitcoin Price Tops $73,000, Hitting Highest Level Since March (WSJ)

• Apple Ships $6 Billion of iPhones From India in Big China Shift (Bloomberg)

• Elon Musk’s xAI in Talks to Raise Funding Valuing It at $40 Billion (WSJ)

• Larry Fink says the Fed won’t cut interest rates as much as markets expect this year (CNBC)

• Deficit Threat Drives Bond Yields Higher (WSJ)

• Wall Street Sees Lines Blur Between Private Credit and Bank Debt (Bloomberg)

• Bosses Are Calling Workers Back to the Office. That’s Good News for Landlords. (WSJ)

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