Stocks & Gold Tick Higher As Shutdown Continues

MRKT Matrix - Wednesday, October 8th

• S&P 500, Nasdaq rise to fresh records as Wall Street looks past U.S. government shutdown (CNBC)
• Divided Fed officials saw another two interest rate cuts by the end of 2025, minutes show (CNBC)
• Bond Traders See Data Whirlwind Shattering Shutdown-Induced Calm (Bloomberg)
• IRS Furloughs Nearly Half Its Workforce as US Shutdown Drags On (Bloomberg)
• A New Wall Street Trade Is Powering Gold and Hitting Currencies (WSJ)
• Nvidia shares rise after CEO Huang says AI computing demand is up ‘substantially’ (CNBC)
• OpenAI, Nvidia Fuel $1 Trillion AI Market With Web of Circular Deals (Bloomberg)
• CoreWeave stock rallies as company introduces new AI tools for developers (CNBC)

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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