📈 Stock Market Dive: What's Driving the Sell-Off?

Daily Stock Market News

Mar 2 2023 • 20 mins

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 “investor day”

PLUS: How we trade these markets and our current positions

This wraps up today's stock market news.

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