Stocks Retreat On Warm Inflation Report
MRKT Matrix - Thursday, December 12th Dow tumbles 200 points, Nasdaq retreats back below 20,000 after warm inflation report (CNBC) S&P 500’s Record Rally Shows Cracks as Most Stocks Left Out (Bloomberg) Stifel says a 10% to 15% S&P 500 correction is coming because of sticky inflation (CNBC) Adobe shares plunge 13% on disappointing revenue guidance (CNBC) ServiceTitan pops to $101 in cloud software vendor’s Nasdaq debut after selling shares at $71 (CNBC) Google’s Quantum Boost Doesn’t Really Compute (WSJ) Nvidia Steps Up Hiring in China to Focus on AI-Driven Cars (Bloomberg) China Comes Out…
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