DAILY MARKET REPORT

DAILY MARKET REPORT

Apple (NASDAQ: AAPL) stock reversed from the fresh 5-week high after we heard another hawkish FED chair Powell's speech. The stock bounced more than 3% on Monday after the US investment bank giant Goldman Sachs recommends 'buying' Apple for the first time in six years.

DAILY MARKET REPORT

DAILY MARKET REPORT

The overall risk mood is quite tepid today as investors wait for Powell’s speech for further clues about the ongoing pace of the U.S. central bank’s rate hikes. Powell is set to speak today at 15:00 GMT, two weeks ahead of the March FOMC meeting.

DAILY MARKET REPORT

DAILY MARKET REPORT

Stocks on Wall Street ended slightly higher, gaining early in the day as investors cheered positive comments from Atlanta Fed President Raphael Bostic and the markets received additional buying pressure on better-than-expected quarterly earnings results from Okra, Dell and Macy’s.

DAILY MARKET REPORT

DAILY MARKET REPORT

Shares of the electric-vehicle giant Tesla (TSLA) dropped nearly 6% in after-hours trading to $191 after Tesla’s Investor Day failed to impress the investors and traders. Tesla CEO Elon Musk presented the company's "Master Plan 3" but kept a low profile on new products.

DAILY MARKET REPORT

DAILY MARKET REPORT

Bitcoin, the world's largest and most popular cryptocurrency started the new month on a bullish note. The Bitcoin price jumped back to nearly $24,000 but pulled back modestly thereafter.