The market retreats after Powell shrugs off inflation concerns

Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.   Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up. And a decline of 10% from its February record high would confirm the Nasdaq is in a correction.   Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates. But Powell indicated that the fed will hold to their current fiscal policy.   Now let's go Beyond the Trade: 5 Tips for Overcoming Market Trading Losing Streaks Ever have those long trading losing streaks where it seems like you can never get out? Don't worry, as trading losing streaks happen to everyone no matter what your trading skill is. Whether you're a beginner or an advanced swing trader, losing streaks happen to everyone. Watch this where I explain how you can overcome a losing streak! WATCH NOW Recommended Link: Once you get started, I almost guarantee you'll be hooked! That's because Gold Futures is like a shortcut to massive profits.   Hey, last time I spotted an opportunity like this one… I was able to turn an initial deposit investment of $500 into $39,282! And my indicators are going haywire once again. This time with GOLD. Take a look at this chart. It will blow your mind. In The News: Tesla secures long-term supply of nickel for EV batteries Nasdaq tumbles to correction territory after Powell comments Stock futures are flat after a steep sell-off on Wall Street Slack turns in solid fiscal Q4 results If you'd liked to talk with one of our Reps, feel free to call us at 888-483-5161 © 2021 Traders Agency. All Rights Reserved.  20 North Orange Avenue, Unit 1100 Orlando, Florida 32801   If for any reason you believe you received this email in error, you can safely ignore it, or click here to unsubscribe.     THIS MATERIAL IS OFFERED FOR EDUCATIONAL AND GENERAL INFORMATIONAL PURPOSES ONLY. NO INVESTMENT ADVICE OFFERED. This is an advertisement for online information courses, workshops, classes and other educational programs relating to finance and investing. It is not an advertisement for investment advice. Pursuant to FTC regulations and federal law, Traders Agency, LLC intends for the information in this advertisement to be truthful and not misleading. Accordingly, any and all readers of this advertisement (this means you) are fully informed that none of the information, material, or courses that Traders Agency, LLC offers constitute investment advice as defined by the SEC and by federal law. These materials do not take into account a subscriber's (this means your) particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation (this means to you) for the purchase or sale of any security or investment strategy. Under SEC regulations and federal law, the purchase, sale, or advice regarding any security, other financial instrument or system can only be performed by a registered/licensed industry representative such as, but not limited to, a registered investment advisor. It is very important to do your own analysis before making any investment based on your own personal circumstances. Investing involves substantial risk and results are not guaranteed. Neither Traders Agency, LLC nor its principals or affiliates are registered investment, legal, or tax advisors or broker/dealers. Traders Agency, LLC is not registered with the SEC or licensed as an investment adviser. We do not offer investment or financial advice. Individual subscribers (this means you) are solely responsible for confirming the accuracy and appropriateness of the provided information for their own uses with their personal tax, finance, or legal advisor. INVESTING INVOLVES RISK, INCLUDING THE POSSIBLE LOSS OF PRINCIPAL. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS. RESULTS ARE NOT GUARANTEED.