Here's what is happening in the markets today, Thursday, March 21st


- S&P 500 surpasses 5,200, hitting new high


- Dow rises 400 points, reaching record close


- Nasdaq jumps 1.25%, setting new record


- Fed holds rates steady, plans three cuts in 2024


- Financial stocks like American Express (AXP) rally post-Fed decision


- Paramount Global (PARA) jumps on Apollo's $11B bid


- Micron Technology (MU)  jumps over 15% on earnings beat.


- Five Below (FIVE) drops 12% on earnings miss, weak guidance.


- Gold hits new record


PLUS: How we trade these markets and our current positions


This wraps up today's stock market news.


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