Stocks Slump As Oil Prices Move Higher

MRKT Matrix - Wednesday, June 3rd Dow falls 500 points as oil prices and bond yields creep higher (CNBC) SpaceX Targets $75 Billion in IPO at $135 Per Share (Bloomberg) Shorting SpaceX? Jefferies Becomes Go-To Bank After IPO Miss (Bloomberg) Vanguard fund becomes first ETF to top $1tn in assets (FT) America’s Data Center Build-Out Is Falling Way Behind Schedule (WSJ) Sellers are pulling homes off the market at the fastest pace since 2020 (CNBC) Car Owners Shocked by $200 Gas Bills Finally Embrace Used EVs (Bloomberg) This Crypto-Trading Platform Is Emerging as Wall Street’s Convenience Store (WSJ) DeepSeek Close to Sealing $7 Billion Funding in Historic AI Deal (Bloomberg) --- Subscribe to our newsletter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://riskreversal.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 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