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10Feb2021 Pre-Market Commentary: Futures Rise For 8th Day In A Row And Point To A Higher Open Amid Strong Earnings, DOW +161 Points, Nasdaq +0.5%, US Dollar 90.41, Bitcoin Slips 45800


Twitter racks up its second $1 billion quarter, sending shares toward a 52-week high (SPY +0.5%). Coca-Cola earnings top estimates and treasury yields tumble.
Here is the current market situation from CNN Money
European markets are mixed today. The FTSE 100 is up 0.12% while the CAC 40 gains 0.10%. The DAX is off 0.02%.
What Is Moving the Markets
Here are the headlines moving the markets.
Morgan Stanley: Gasoline Industry Is About to Become Totally Worthless
The average energy investor is by now well aware of the sector's monumental shift from fossil fuels to renewable energy. Coal-powered power plants have been shuttering at an alarming clip as the price of electricity from natural gas and renewables undercuts them while wind and solar generation continue to gain the ascendancy. But nowhere has this change been as dramatic as the transport industry, with EV titans such as Tesla Inc. (NASDAQ:TSLA) and NIO Ltd. (NYSE:NIO) now commanding substantially higher valuations than their imposing ICE brethren,

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