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Washington Post BusinessMar 04, 2021
Markets fall after Fed Chair Powell urges patience
Stocks fell sharply Thursday after the Fed chair said prices were likely to increase later this year, even as he cautioned that any inflation would be short-lived.

NYTimes BusinessMar 04, 2021
Tech stocks are close to correction territory. Here's what that means.
The 10 percent threshold for a correction is arbitrary, but it is often an indication that investors have turned more pessimistic about the markets.

U.S. stocks end sharply lower as bond yields surge; Nasdaq turns lower for year (MarketWatch Breaking News)
5 Large Emerging Markets Stocks With Room to Grow (Kiplinger)

Google Business NewsMar 04, 2021
Costco lower after-hours despite posting revenue beat, online sales surge - Yahoo Finance
Costco lower after-hours despite posting revenue beat, online sales surge  Yahoo FinanceStocks making the biggest moves after the bell: Costco, Gap, Broadcom & more  CNBCCostco's Been Hammered. Is It Finally a Buy?  TheStreetCostco misses fiscal Q2 expectations, pinning it on higher wages  MarketWatch

The Motley FoolMar 04, 2021
Why Stitch Fix, Zillow, and Other Consumer Services Stars Sank Today
Many investors are turning away from remote-business stocks.

Google Business NewsMar 04, 2021
Dow futures fall 200 points after a steep sell-off on Wall Street amid surging bond yields - CNBC
Dow futures fall 200 points after a steep sell-off on Wall Street amid surging bond yields  CNBCStocks tumble as Powell signals inflation is ahead  CNN Fed won't step in on bond yields until it reaches wider credit spreads: Rosenberg  CNBC TelevisionFed's Powell likely to restate 'patient' approach in public appearance  ReutersInflation isn't a risk of Joe Biden's $1.9 trillion stimulus  Washington Post

The Motley FoolMar 04, 2021
Why Sleep Number Stock Dropped Today
The bed retailer was one of the high-flier stocks the market took down today.

Stock Market Today: Crash? Not Today. But Stocks Still Feel Pain. (Kiplinger)

The Motley FoolMar 04, 2021
Why Marijuana Stocks Like Canopy Growth and Aphria Got Trashed on Thursday
It wasn't their fault, honest.

USA Today MoneyMar 04, 2021
Dow slumps nearly 350 points as bond yields climb on Powell's inflation remarks
Stocks posted three straight days of losses Thursday, as comments from Federal Reserve Chair Jerome Powell did little to soothe concerns about a recent rise in bond yields.     

MarketWatch MarketPulseMar 04, 2021
Dow logs first close below 50-day moving average in over a month after Thursday's interest rate-fueled selloff
The Dow Jones Industrial Average and the S&P 500 on Thursday marked their first finishes below their short-term moving averages in weeks after a market rout apparently precipitated by rising fears that the Federal Reserve may be losing control of inflation and may be forced to jack up borrowing costs faster than they would prefer to cool an overheated economy recovering from the COVID-19 pandemic lockdowns. The Dow closed down 1.1% at around 30,924 to mark its third straight decline, falling below its 50-day moving average at 30,944.98 for the first time since Feb. 1, while the S&P 500 index closed Thursday's trade 1.3% lower for its third consecutive drop, finishing at 3,769, concluding the session below its 50-day MA at 3,818.61 for the first time since Jan. 29.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news. - Financial MarketsMar 04, 2021
Powell inflation comments send US stocks and bonds lower
Dovish Federal Reserve chairman says central bank will be ‘patient' in withdrawing support

Forbes HeadlinesMar 04, 2021
Carnival, Norwegian Cruise, United, American Airlines Stocks Surge On Vaccine Rollout, Hopes For Return To Normal
Both the cruise and airline industry were battered by the pandemic in 2020, resulting in massive losses.

MarketWatch MarketPulseMar 04, 2021
Nasdaq Composite narrowly avoids first correction in 6 months as Powell stirs up stock-market rout and Treasury-yield surge
A sluggish day in stocks on Thursday took a turn decidely lower following comments from Federal Reserve Chairman Jerome Powell said that he was monitoring a steady climb in yields but failed to provide any guidance on what the central bank might do if yields continued to climb precipitously. Speaking at a webinar hosted by the Wall Street Journal on Thursday after noon, Powell described the Fed's current policy stance as appropriate, perhaps disappointing some investors hoping for more decisive comments on possible adjustments to the central bank's asset purchases. The remarks are credited with triggering a selloff in bonds and stocks, that abated somewhat later in the session, that brought the Nasdaq Composite Index on the brink of falling by 10% from its recent closing high put in on Feb. 12, meeting the commonly used definition for a correction. The Nasdaq ended the session off 2.1% at 12,723, and is now down 9.73% from that record close. Meanwhile, the 10-year Treasury note jumped by about 7 points to around 1.54%. Rising rates have caused friction in equity trading because it forces investors to reassess the relative value of highflying technology and tech-related plays that have enjoyed a bump during the pandemic, compared against other sectors that might perform better headed into an economic recovery. The S&P 500 index closed the session off 1.3% to 3,768, while the Dow Jones Industrial Average finished the day off 1.1% at 30,923. Both finished below their 50-day moving averages for the first time in about four or five weeks, Jan. 29 for the S&P 500 and Feb. 1 for the Dow. At the height of Thursday's selling the Dow was down over 720 points, wiping out its year-to-date gains. The Dow remains up 1% for 2021, the Dow is clinging to a 0.3% year-to-date gain, while the Nasdaq Composite is down 1.3% so far this year.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for m

Yahoo BusinessMar 04, 2021
Buy this dip in Apple, Microsoft and these other tech stocks before they're out of reach, says analyst

2 ‘Strong Buy' Stocks Insiders Are Snapping Up (Yahoo Business)
Stockmarket Today yields bond tech
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OPECOil production Output prices cuts
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