MRKT MATRIX: December 3, 2024

Today’s Top Stories:

• S&P 500 is little changed as 2024′s relentless rally takes a pause (CNBC)

• Investors have never been more confident that stock prices will appreciate (CNBC)

• Wall Street Short Sellers Throwing in Towel, Citigroup Says (Bloomberg)

• Trump’s currency cakeism (Axios)

• Dollar dominance and the contradictions of Trumponomics (Axios)

• J.P. Morgan Has Been Right About Gold for 2 Years. Here’s Their 2025 Call. (Barron’s)

• Intel Considers Outsiders for CEO, Including Marvell’s Head (Bloomberg)

• AT&T Gave Up on the Media Business, and Its Stock Has Surged (WSJ)

• Amazon Debuts Tools to Make Data Centers Less Power Hungry (Bloomberg)

• Musk’s Multibillion-Dollar Pay Package Is Rejected Again by Judge (WSJ)

• Tesla China Shipments Fall Again Amid Hopes for Bumper Quarter (Bloomberg)

• SpaceX Weighs Tender Offer at Roughly $350 Billion Valuation (Bloomberg)

• BlackRock Buys Credit Firm HPS in $12 Billion All-Stock Deal (Bloomberg)

• The race is on to make AI agents do your online shopping for you (TechCrunch)

Today’s MRKT Call is Presented by Robinhood

Stocks at Record Highs: How to Protect your Portfolio

Dan Nathan, Guy Adami and Carter Worth break down the top market headlines and bring you stock market trade ideas for Tuesday, December 3rd.

Timecodes

• 0:00 - Intro

• 6:00 - S&P 500

• 20:00 - FXI & China

• 30:00 - INTC Trade

• 40:00 - Audience Q&A

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