E481 - Stocks Drift Higher Despite Rising Oil Prices

MRKT Matrix - Monday, April 27th

S&P 500 drifts higher to record levels, but gains capped as oil rises (CNBC) The Fed is nearing a turning point (Axios) Corporate America Is Minting Money—and Not Just in Tech and Finance (WSJ) Domino’s Pizza stock falls on disappointing sales — and CEO thinks more chains will follow (CNBC) The AI Splurge Is Costing Big Tech Its Workforce (WSJ) OpenAI Breaks Free From Exclusive AI Pact With Microsoft (Bloomberg) Xi Tests China’s Reach by Blocking Meta Deal That’s Already Done (Bloomberg)

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