S&P Closes at Record High for Fourth Straight Day
MRKT Matrix - June 13th S&P 500 posts its fourth straight record close, buoyed by cooler inflation data (CNBC) UBS says S&P 500 could rally past its bullish target because of falling inflation and rates (CNBC) Treasury Secretary Yellen says U.S. debt load is in ‘reasonable place’ if it remains at this level (CNBC) Broadcom Reclaims the AI Stock Spotlight. Why There Could Be More to Come. (Barron’s) OpenAI’s Annualized Revenue Doubles to $3.4 Billion Since Late 2023 (The Information) Steve Eisman says this is one of the more interesting things on the AI boom he’s heard in a long time (CNBC)…
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