Chip & Bank Stocks Lead Markets Higher

MRKT Matrix - Thursday, January 15th

• Stocks close higher Thursday, as chip, bank stocks rally (CNBC)
• Chip stocks pop after TSMC’s earnings beat boosts confidence in industrywide demand (CNBC)
• Taiwan will invest $250 billion in U.S. chipmaking under new trade deal (CNBC)
• Apple sits out AI arms race to play kingmaker between Google and OpenAI (FT)
• Bank CEOs Say Record $134 Billion Trading Haul Is Just the Start (Bloomberg)
• Philly Fed’s Paulson Says Rate Cuts Can Wait, Shows Support for Powell (WSJ)
• Mortgage Rates Fall to Lowest in More Than Three Years (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