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Market Overview

Global equity indexes are pointing in different directions currently after Wall Street rebounded on Wednesday. Apple shares surged 2.12% outperforming the market while JPMorgan reiterated its Overweight rating on Apple Inc despite a sharp decrease of 33% year-over-year in iPhone shipments in China for February amounting in a total of 2.4 million units for the month, Nvidia shares lost 2.5% on Wednesday.

Global equity indexes are pointing mostly up currently ahead of Federal Reserve Governor Christopher Waller’s speech at 23:00 CET today after Wall Street extended losses on Tuesday. Amazon shares lost 0.78% underperforming market, Tesla stock surged 2.92% on Tuesday after CEO Elon Musk unveiled the electric vehicle maker’s one-month trial of its Full Self-Driving technology to existing and new customers in the United States.

Global stocks are trading mostly up currently after US markets ended lower on Monday. Google’s parent Alphabet shares slid 0.4% on news that the European Commission, the EU’s antitrust regulator was probing Apple, Google parent Alphabet and Facebook parent Meta over their response to a new digital law intended to ensure competition, Microsoft shares fell 1.37% on Monday underperforming market amid reports billionaire philanthropist Paul Tudor Jones – who has been called "one of the pioneers of the modern-day hedge fund industry" - is selling Microsoft stock.

Global equity indexes are pointing mostly down currently after Wall Street closed mixed on Friday. Nvidia shares rose 3.12% outperforming market, Microsoft shares slipped 0.15% on Friday amid reports insiders sold $33 million worth of shares over the last three months but didn’t make any purchases in that time.

Global equity indexes futures are pointing in different directions currently after Wall Street closed at fresh records on Thursday. Nvidia shares rose 1.18% outperforming market, Apple shares fell 4.1% on Thursday as the US Department of Justice and 15 states sued Apple for monopolizing smartphone markets alleging that the iPhone maker uses its market power to get more money from consumers, developers, content creators, artists, publishers, small businesses and merchants.

Global equity indexes are rising currently ahead of US Purchasing Managers' Indexes reports at 14:45 CET today after Wall Street surged on Wednesday as Fed kept rate cut hopes alive. Meta shares advanced 1.87% outperforming the market despite reports social platform giant’s CEO Mark Zuckerberg sold over $15.7 million in stock , Alphabet shares added 1.19% on Wednesday despite news France's competition watchdog fined Alphabet's Google 250 million euros for breaches linked to EU intellectual property rules in its relationship with media publishers, citing concerns about the company's AI service.

Global equity indexes are pointing in opposite directions currently ahead of Fed rate decision after Wall Street resumed advancing again on Tuesday. Nvidia stock rose 1.07% outperforming market, Amazon shares added 0.8% on Tuesday ahead of the launch today of e-commerce giant's first-ever "Big Spring Sale" that will run for six days.

Global stocks are trading mostly down currently after Bank of Japan hiked its short-term rates to around 0% to 0.1% from -0.1% as US markets ended higher on Monday. Google’s parent Alphabet shares rose 4.44% after reports that Apple is in talks to build Google’s Gemini artificial intelligence (AI) engine into the iPhone, Tesla shares rallied 6.3% on Monday outperforming market while the electric vehicle maker said it would soon increase the price of its Model Y cars in parts of Europe.

Global equity indexes are pointing mostly up currently ahead of Fed’s two-day meeting starting tomorrow after Wall Street closed lower again on Friday. Nvidia shares slipped 0.12%, Amazon shares slumped 2.42% on Friday underperforming market while the company announced it will kick off its Big Spring Sale event on March 20 which will last through March 25.

Global equity indexes futures are pointing in different directions currently ahead of University of Michigan Consumer Sentiment report at 15:00 CET today after Wall Street retreated on Thursday following hot producer prices report. Nvidia shares lost 3.24%, Microsoft shares rose 2.44% outperforming market on Thursday as the software giant announced the launch of its latest generative artificial-intelligence assistant Security Copilot.

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