Closing Bell: Stocks in Sell-Off Mode Post-Powell 3/7/23

Published: March 7, 2023, 9:08 p.m.

b'The major averages dropping in the final hour of trade as a direct result of what Fed Chair Jay Powell told Congress today\\u2026 that the central bank may go faster, higher and stay longer than originally thought. Our all-star panel of Virtus\\u2019 Joe Terranova, Lauren Goodwin of New York Life Investments, senior economics correspondent Steve Liesman and senior market commentator Mike Santoli break down the final moments of trade. Plus, Lo Toney of Plexo Capital drills down on the tech trade and the latest headlines on Meta. And, Fundstrat\\u2019s Mark Newton has explains the key levels every investor needs to watch amid this uncertainty.'