📈 S&P 500 Defending 200-Day Moving Average: Will It Hold?
Daily Stock Market News3 Mars 2023

📈 S&P 500 Defending 200-Day Moving Average: Will It Hold?

Here's what is happening in the markets today, Friday, March 3

  • All 3 major indices closed higher on Thursday
  • Salesforce (CRM) rallies 11.5%, boosts Dow
  • S&P 500 defending its 200-day moving average
  • Fed Member Bostic's support of quarter-point hikes lifts market
  • BUT: Rising labor costs & jobless claims point to rate hike
  • Interest rate: 10-year yield tops 4% and 2-year yield highest in 10+yrs
  • Silvergate (SI) plunges more than 57%
  • Tesla down 6% after no next-gen vehicle details revealed

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

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