MRKT Matrix - Wednesday, December 3rd

• Dow rises 400 points as weak ADP jobs report spurs rate cut hopes (CNBC)
  


• Payrolls at US Companies Fall by Most Since 2023, ADP Says (Bloomberg)
  


• Bad jobs report caused by shutdown, deportations — not tariffs, Lutnick says (CNBC)
  


• Bessent says Trump admin will be able to replicate tariffs even if it loses Supreme Court decision (CNBC)
  


• Bond investors warned US Treasury over picking Kevin Hassett as Fed chair (FT)
  


• Microsoft Lowers AI Software Growth Targets as Customers Resist Newer Products (The Information)
  


• Nvidia’s Fat Margins Are Google and AMD’s Opportunity (WSJ)
  


• Nvidia Scores Lobbying Win as Congress Rejects Chip Export Bill (Bloomberg)
  


• Anthropic taps IPO lawyers as it races OpenAI to go public (FT)
  

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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