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.
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