From Investor’s Business Daily:

Dow Jones futures, S&P 500 futures, and Nasdaq futures were little changed after hours. The stock market rally suffered sharp losses with the Nasdaq leading declines. Bitcoin hit a record above $69,000 before reversing lower. CrowdStrike, Box, and Couchbase reported strong earnings, while Oddity and Ross Stores had contrasting results. The Fed Chief Jerome Powell will testify before Congress on Wednesday. Meanwhile, tech stocks like Apple and Tesla continued to slide, impacting the major indexes. Bank stocks fared well, while homebuilders held steady. The market direction remains uncertain, with investors advised to watch emerging leaders and sectors closely.



Read more at Investor’s Business Daily: Dow Jones Futures: Face-Ripping CrowdStrike Rally To The Rescue; Fed Chief Powell On Tap