Futures rebound from overnight rout with all eyes on Powell speech (SPY +0.1%). Weekly jobless claims rise less than expected despite weather impact. Here is the current market situation from CNN Money European markets are mixed. The CAC 40 is higher by 0.35%, while the FTSE 100 is leading the DAX lower. They are down 0.54% and 0.22% respectively. What Is Moving the Markets Here are the headlines moving the markets. The $1 Trillion Electric Vehicle Boom Is Just Getting Started In 1894, chemist Pedro Salom probably never imagined hed start what could soon become a $912 billion industry. His creation the Electrobat was unlike anything others had seen at that time Or would again see for nearly another century. But where the Electrobat, the worlds first electric vehicle, could only run for 25 miles on one charge, at just 20 MPH The EVs of 2021 are expected to have a range of over 500 miles. Thats like driving from New York City to Raleigh, NC... without stopping to fill your tank once.