π The Day After The Fed - Hereβs Whatβs Happening
Here's what is happening in the markets today, Thursday May 2nd
- Most Recent Market Sell-Off Seen as 'Normal Pullback'
- Jerome Powell Eases Investor Concerns on Inflation
- Fed to Slow Quantitative Tightening in June
- Treasury Yields Dip Following Powell's Remarks
- Gundlach Predicts Single Rate Cut in 2024
- AI Stocks Fall, AMD and Super Micro Computer (SMCI) Drop
- U.S. Crude Oil Hits Seven-Week Low
- DoorDash (DASH) Plunges, Wider Loss Than Expected
- Carvana (CVNA) Soars, Surpasses Revenue Forecasts
- Apple (AAPL) Report Earnings After The Close
- Next Focus: Upcoming Jobless Claims Data
PLUS: How we trade these markets and our current positions
This wraps up today's stock market news.
If you enjoyed the "Stock Market Today" episode, make sure to subscribe to this podcast.Β
And for more stock market news,Β visit our YouTube Channel: https://youtube.com/rockwelltrading2008
#todaysstockmarket #stockmarkettoday #stockmarket
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