

Mixed Day For Stocks, Big Day For Crypto
Aug 7, 2025
07:43
MRKT Matrix - Thursday, August 7th
- Dow tumbles 300 points, giving up 300-point morning gain (CNBC)
- Waller Emerges as Favorite for Fed Chair Among Trump Team (Bloomberg)
- White House Prepares for Trump to Nominate Miran to Fed (Bloomberg)
- Stagflation Concerns Ripple Through Wall Street as Tariffs Hit (Bloomberg)
- US Continuing Jobless Claims Rise to Highest Since End of 2021 (Bloomberg)
- Trump to Sign Order Easing Path for Private Assets in 401(k)s (Bloomberg)
- Trump Urges ‘Conflicted’ Intel CEO Tan to Resign Immediately (Bloomberg)
- Auto Industry Takes $12 Billion Hit From Trade War (WSJ)
- Companies are monitoring and enforcing office attendance at the highest rate in 5 years (CNBC)
- Russia Says Putin-Trump Summit to Take Place Within Days (Bloomberg)
- Bank of England Cuts Rates After Tight Vote (WSJ)
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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