Trading set to resume tomorrow following Friday's gains

  • Confluent gains 8.16% as the top gainer; currently at $25.86
  • Top laggard Zscaler gave up $14.89, or 11.1% Friday
  • DAX climbs by 1.64%, reaching 15,578.

Before tomorrow's session begins, here is a reminder of where Friday's session left us: leading equity indices in the US rose as S&P 500 gained 1.61% and closed at 4,045.64. Nasdaq ended the session at 11,700 after a 1.97% gain.

US markets are now currently closed and set to reopen tomorrow; meanwhile, upbeat European markets ended Friday higher as DAX added 1.64% to trade at 15,578. Asia-Pacific markets closed higher Friday whilst Nikkei is up by 1.56%, hitting 27,927.

Futu Holdings Limited and Oracle due to release their earnings reports within the following week.

Today's rise takes place amid mixed market indicators — United States ISM Non-Manufacturing PMI (Feb) released Friday with a figure of 55.1, while the previous figure was 55.2. United States CFTC Crude Oil speculative net positions released Friday with a figure of 224,200, while the previous figure was 243,800. Fresh CFTC Gold speculative net positions data from United States came out at 128,800.

Furthermore, the market is looking at United States Fed Chair Powell testimony is scheduled Tuesday. United States EIA Short-Term Energy Outlook scheduled to come out Tuesday.

While most assets did well Friday, some did better than others as Confluent trades at $25.86 having gained 8.16%. Playtika (up 5.04%) is also performing well.

Friday's bullishness contained stragglers as Zscaler closed at $119.24 having dropped 11.1%.

Confluent posts record single day jump of $1.95 (+8.16%)

The US software company traded at $25.86 Friday, after making its biggest single-day jump of $1.95 (8.16%) since Feb 13. Friday's gains stand in contrast to Confluent's slide (lasting 12 days) in which it lost $5.38. Investors eyeing potential reversal for Confluent after the company outperformed its daily average volume by 104%.

Playtika | Closed +5.04% at $10.21

Pronounced bullish sentiment in the market helped the mobile casino game developer to make a notable 5.04% gain Friday, rising 49 cents and ultimately closing at $10.21. Daily trading volume (1.36 million shares) was slightly greater than the current multiday average of 1.12 million.

Playtika released its quarterly earnings report Tuesday, beating analysts estimates. The company reported earnings of 0.24 per share on revenue of $631.2 million, topping estimates of 0.16 per share on revenue of $627.18 million. Since the release of its earnings report, Playtika gained 5.8%.

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DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

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DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

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DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

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DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

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DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

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DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

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