Stocks Slump, Yields Surge & Oil Prices Tick Higher

MRKT Matrix - Tuesday, August 18th

• S&P 500 falls for a third day, as elevated global bond yields and oil prices weigh on market (CNBC)
• Global Bond Slump Sends Long-Term Borrowing Costs to Highest in Decades (Bloomberg)
• America's debt is getting more expensive (Axios)
• Anthropic Pre-IPO Credit Facility Set to Climb Past $10 Billion (Bloomberg)
• Walmart, Target results could put this earnings season to the test. What analysts are saying on retailers (CNBC)
• Target Bets Shoppers Want to Buy Trendy Snacks and Drinks in Grocery Revamp (Bloomberg)
• Costco Sells Vacations, Gas and, Soon, Medicare Plans (WSJ)

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MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets

Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs