RiskReversal Recap: June 6, 2024

Stocks Stall Ahead of Jobs Report, Dan Niles’ Bull Call on Nvidia

MRKT MATRIX: June 6, 2024

Today’s Top Stories:

  • S&P 500 is little changed as traders look ahead to jobs report (CNBC)

  • Wall Street Rally Takes a Breather Before US Jobs (Bloomberg)

  • European Central Bank cuts interest rates for the first time since 2019 (WSJ)

  • Mortgage Rates in US Slip Below Key Level, Falling to 6.99% (Bloomberg)

  • Dan Niles on Nvidia (Twitter/X)

  • Microsoft, Apple, and Nvidia Dominate the S&P 500 Like No Trio Ever Has (Barron’s)

  • U.S. Clears Way for Antitrust Inquiries of Nvidia, Microsoft and OpenAI (NYTimes)

  • GameStop Shares Soar as Keith Gill Schedules YouTube Return (Bloomberg)

  • Boeing Starliner docks with ISS, delivering its first NASA crew to space station (CNBC)

Today’s MRKT Call is Presented by FactSet

Chart Check on the Stock Market At Record Highs

Guy Adami and Carter Worth break down the top market headlines and bring you stock market trade ideas for Thursday, June 6th.

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