Stocks Soar After Powell Presser
MRKT Matrix - Wednesday, July 31st S&P 500 rises as Powell says September rate cut could be on the table (CNBC) Powell Says Fed Could Cut Rates ‘As Soon As’ September Meeting (Bloomberg) July brought a great stock market rotation. Here’s why it is happening (CNBC) Bank Stocks Rally to Two-Year High Amid Sentiment ‘U-Turn’ (Bloomberg) Delta CEO says CrowdStrike-Microsoft outage cost the airline $500 million (CNBC) U.S. crude oil jumps 4% after Hamas leader killed in Tehran (CNBC) Exclusive: New US rule on foreign chip equipment exports to China to exempt some allies (Reuters) --- Subscribe to…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.