MRKT MATRIX: August 9, 2024

Today’s Top Stories:

• Stocks close higher, clawing back much of the week’s losses in major recovery from Monday’s sell-off (CNBC)

• S&P 500 Earnings Season Update: August 9, 2024 (FactSet)

• Has the U.S. Economy Reached a Tipping Point? (WSJ)

• Volatility Pros Say Record VIX Surge on Monday Was a Head Fake (Bloomberg)

• Summers Calls for SEC, Exchanges to Probe Monday’s VIX Surge (Bloomberg)

• Buffett’s Apple Share Dump Is Set to Reshape Major Stock Gauges (Bloomberg)

• How Google’s Antitrust Losses Could Shrink Its Business (The Information)

• Amazon Cozies Up to TikTok. What’s Bringing the E-Commerce Rivals Together (Barrons)

• Nvidia Stock Falls. What TSMC’s Sales Mean for the Chip Maker (Barrons)

• JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI (CNBC)

Today’s On The Tape is Presented by CME Group and iConnections

Earnings Insight: S&P 500 Q2 Revenue Growth Update

Every week we get a sneak preview of the FactSet Earnings Insight Blog by John Butters. This week John looks at S&P 500 Q2 Revenue Growth.

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