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MRKT Matrix

Stocks Pop On US-UK Trade Deal

May 8, 2025
07:21

MRKT Matrix - Thursday, May 8th

  • Dow closes 200 points higher after Trump announces outline of UK trade deal (CNBC)
  • Trump Hails UK Trade Framework as First of Many Tariff Deals (Bloomberg)
  • Trump Says ‘Substantive’ China Talks Could Yield Tariff Cut (Bloomberg)
  • Bitcoin jumps above $100,000 for first time since February (CNBC)
  • Why the Fed Isn’t Ready to Join Other Central Banks in Cutting Rates (WSJ)
  • Bank of England Cuts Rates After Fed Stands Pat (WSJ)
  • Alphabet faces ‘watershed moment’ if AI erodes search dominance, analysts say (CNBC)
  • Banker Bonuses Set to Drop as Tariffs Cause Economic Uncertainty (Bloomberg)

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