Here's what is happening in the markets today, Monday, February 27

Stocks close lower after hot inflation report
Worst week in 2023 for major averages
Fed's favorite inflation gauge PCE rises 0.6%, 4.7% year-over-year
S&P 500 trading below 50-day moving average, heads lower towards 200-day MA
2-year yield reached highest level since 2007
This week’s earnings: Target (TGT), Dollar Tree (DLTR), Macy’s (M), Kroger (KR)

PLUS: How we trade these markets and our current positions
This wraps up today's stock market news.
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