MRKT MATRIX: May 22, 2024

Today’s Top Stories:

• Market Wrap (FactSet Data & CNBC)

• Nvidia shares pop 10% to record high after forecast signals unwavering demand for AI chips (CNBC)

• JPMorgan CEO Jamie Dimon says can’t rule out ‘hard landing’ for the U.S., stagflation will be ‘worst outcome’ (CNBC)

• Boeing Says Cash Flow Is Worse Than It Thought (WSJ)

• US says it is ‘time to break up’ Ticketmaster parent Live Nation (FT)

• Prices at the Pump Are Dropping Just in Time for Memorial Day Weekend (WSJ)

Today’s MRKT Call is Presented by FactSet

Live Charts: $NVDA $SMH $MU $TLT $XLF $AXP $GS

Guy Adami and Carter Worth break down the top market headlines and bring you stock market trade ideas for Thursday, May 23rd.

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