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)

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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