Here's what is happening in the markets today, Thursday May 2nd

- Most Recent Market Sell-Off Seen as 'Normal Pullback'

- Jerome Powell Eases Investor Concerns on Inflation

- Fed to Slow Quantitative Tightening in June

- Treasury Yields Dip Following Powell's Remarks

- Gundlach Predicts Single Rate Cut in 2024

- AI Stocks Fall, AMD and Super Micro Computer (SMCI) Drop

- U.S. Crude Oil Hits Seven-Week Low

- DoorDash (DASH) Plunges, Wider Loss Than Expected

- Carvana (CVNA) Soars, Surpasses Revenue Forecasts

- Apple (AAPL) Report Earnings After The Close

- Next Focus: Upcoming Jobless Claims Data

PLUS: How we trade these markets and our current positions

This wraps up today's stock market news.

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