Want to create an interactive transcript for this episode?
Podcast: MRKT Matrix
Episode: Stocks Sink As Trump Halts China Chip Sales
Description: MRKT Matrix - Wednesday, May 28th
Dow closes more than 200 points lower Wednesday ahead of Nvidia earnings (CNBC)
Trump orders US chip designers to stop selling to China (FT)
Fed worried it could face ‘difficult tradeoffs’ if tariffs reaggravate inflation, minutes show (CNBC)
Asia’s $7.5 Trillion Bet on US Assets Is Suddenly Unravelling (Bloomberg)
Japan Bonds Draw Weak Demand as Rise in Superlong Yields Sparks Concern (WSJ)
Trump Bristles at ‘TACO Trade’ That Bets On Him Backing Down (Bloomberg)
Musk Says He’s ‘Disappointed’ That Trump Tax Bill Raises Deficit (Bloomberg)
GM Invests in V-8 Engines as It Backpedals on EVs (WSJ...