Stocks Snap 3-Week Win Streak

MRKT Matrix - Friday, September 26th

• Stocks close higher Friday after in-line inflation data, but S&P 500 snaps 3-week winning streak (CNBC)
• Industry Analysts Project 11% Increase in S&P 500 Price Over the Next 12 Months (FactSet)
• Wall Street will need another ‘goldilocks’ number out of next week’s jobs report, with stocks vulnerable into October (CNBC)
• US Consumer Spending Powers On Even as Inflation Persists (Bloomberg)
• GDP and NFP Inconsistent (Apollo)
• Spending on AI Is at Epic Levels. Will It Ever Pay Off? (WSJ)
• Videogame Giant Electronic Arts Nears Roughly $50 Billion Deal to Go Private (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