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Podcast: MRKT Matrix
Episode: Stocks Close At Record Highs Amid Shutdown
Description: MRKT Matrix - Thursday, October 2nd
S&P 500 seesaws after hitting fresh record as U.S. government shutdown continues (CNBC)
The government shutdown is likely to cement additional Fed interest rate cuts (CNBC)
Tom Lee sees S&P 500 topping 7,000 by year-end, says don’t be fooled by shutdown calamity talk (CNBC)
US Hiring Plans, Job-Cut Announcements Drop in Challenger Report (Bloomberg)
Your expensive power bill is part of an alarming trend (Vox)
Microsoft Bets $33 Billion on Neoclouds like Nebius to Ease AI Crunch (Bloomberg)
Microsoft wants to mainly use its own AI data center chips in the future (CN...