Iran Conflict Reignites; Oil Surges While Stocks Selloff

MRKT Matrix - Monday, August 31st

Stocks fall after U.S. strikes Iran, but Wall Street posts winning month (CNBC)

Mortgage rates surge to the highest since June 2025 (CNBC)

Bessent pushes back on Druckenmiller critique of bond intervention

(CNBC)

The Sudden Unraveling of Wall Street’s Momentum Trade (WSJ)

JPMorgan Traders Drop Bullish View on Stocks After Warsh Speech

(Bloomberg)

Amazon Faces FTC Suit Claiming It Misled Advertisers on Pricing  (Bloomberg)

China's CXMT makes breakthrough in advanced memory chips (The Information)

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