📈 Stocks Drop After Fed Increases Rates

Here's what is happening in the markets today, Thursday, May 4 Federal Reserve raised interest rates by 25 basis points Dow Jones Industrial Average, S&P 500 and Nasdaq Composite dropped Fed Chair Jerome Powell ruled out cutting interest rates this year More regional bank failures likely without rate cuts PacWest (PACW) tumbles 50% 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