๐Ÿ“ˆ Stock Market Dive: What's Driving the Sell-Off?

๐Ÿ“ˆ Stock Market Dive: What's Driving the Sell-Off?

Author: Markus Heitkoetter March 2, 2023 Duration: 20:12

Here's what is happening in the markets today, Thursday, March 2

  • S&P 500 and Nasdaq close lower to start of March
  • S&P 500 finding support at key support level
  • 10-year Treasury yield tops 4%
  • 2-year yield at highest level since 2006
  • Comments from Minneapolis Fed President Kashkari and Atlanta Fed President Bostic stoke concerns about rate hikes
  • Earnings: Salesforce (CRM) shares pop nearly 15% on a strong quarter and forward guidance
  • Okta (OKTA) shares jump 13% on solid earnings and guidance
  • Silvergate Capital (SI) shares fall more than 30% after it delayed its 10-K annual report
  • Tesla (TSLA) down 5% after disappointing โ€œinvestor dayโ€

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.

And for more stock market news,  visit our YouTube Channel: https://youtube.com/rockwelltrading2008

#todaysstockmarket #stockmarkettoday #stockmarket


Markus Heitkoetter brings you Daily Stock Market News, a concise and focused look at the forces moving the markets each day. Designed for busy people, this podcast cuts through the noise to deliver clear, actionable insights without requiring a huge time commitment. You'll hear analysis on key economic reports, earnings that surprised the street, and sector rotations that signal where smart money is flowing. The tone is straightforward and accessible, making complex topics understandable whether you're just starting to build a portfolio or actively managing your positions. Instead of hours of rambling commentary, episodes are crafted to be consumed quickly, giving you the core information needed to make informed decisions. Tune in for a daily dose of context that helps explain not just what happened, but why it matters for your investments. This isn't about hype or frantic predictions; it's a steady, reliable resource for anyone who wants to stay engaged with the financial landscape without it becoming a second job. Find your rhythm with this business and investing podcast, where clarity and efficiency are the priority.
Author: Language: en-us Episodes: 100

Daily Stock Market News
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