MRKT MATRIX: October 17, 2024

Today’s Top Stories:

• Dow closes at fresh record, Nasdaq ends higher as chipmakers rally (CNBC)

• TSMC Hikes Revenue Outlook in Show of Confidence in AI Boom (Bloomberg)

• Apple Secretly Worked with China’s BYD on Long-Range EV Battery (Bloomberg)

• China’s $562 Billion Loan Push for Unfinished Homes Disappoints (Bloomberg)

• Auto giants launch a flurry of cheaper electric vehicles - taking the fight to China (CNBC)

• Biden administration forgives $4.5 billion in student debt for over 60,000 public service workers (CNBC)

• Hedge fund manager Daniel Loeb believes Trump’s chances are increasing and he’s betting accordingly (CNBC)

Today’s MRKT Call is Presented by Robinhood

Chart Check on S&P, Energy & Retail

Dan Nathan, Guy Adami and Robinhood's Steph Guild are coming to you LIVE from HOOD Summit 2024 in Miami.

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