MRKT MATRIX: June 20, 2024

Today’s Top Stories:

• Dow jumps more than 250 points, S&P 500 closes higher to post fresh record (CNBC)

• Breaking down Micron’s giant rally. Why JPMorgan thinks shares can jump nearly 90% (CNBC)

• Super Micro shares tumble 15% after DOJ reportedly opens probe into company (CNBC)

• Nvidia is missing key technology and could acquire these stocks to get it, says Susquehanna analyst (CNBC)

• Southwest pops after executives share plan to raise profits, airlines rise in sympathy (CNBC)

• David Tepper says the Fed has to cut rates at least two or three more times to keep credibility (CNBC)

• Silver Outshines Gold This Year. Why the Rally Isn’t Over. (Barron’s)

Today’s MRKT Call is Presented by FactSet

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