Stocks Rise, Ignoring Government Shutdown

MRKT Matrix - Wednesday, October 1st

• S&P 500 rises to new record, reversing earlier losses as traders bet on short-lived shutdown (CNBC)
• Prediction markets see government shutdown lasting nearly two weeks (CNBC)
• Trump Plans to Use Shutdown to Fire Federal Workers This Week (Bloomberg)
• Leon Cooperman says we’ve reached the stage of the bull market that Warren Buffett warned about (CNBC)
• Intel in early talks to add AMD as foundry customer (Semafor)
• How long can Nvidia stay ahead of Chinese competition? (FT)
• Supreme Court blocks Trump from immediately firing Fed’s Lisa Cook (FT)

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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