On Friday, the selloff in global stocks continued, with shares falling in Asia and Europe and futures pointing to a dismal start in the United States, as investors' fears about the delta version of the coronavirus, the Federal Reserve's approaching reduction of asset purchases, and China's economic constraints.

The Dow Jones industrial average, as well as the S&P 500 and Nasdaq, all, dipped moderately on Friday morning. After some noteworthy fluctuations, the stock market surge ended narrowly mixed on Thursday. While big-cap tech and medical companies recovered, real-economy equities continued to fall due to Federal Reserve taper expectations. Overnight, significant earnings reports included AMAT stock and Deere.

Thursday night's Tesla AI Day event featured high-level discussions about the company's self-driving technology as well as a humanoid Tesla Bot. Aside from the major indexes rallying off lows, there was some encouraging movement in Thursday's market bounce. On solid earnings, Nvidia (NVDA) cleared an early entry of 197.80, rebounding from its 50-day line. Nvidia climbed 4% to 197.98, but it was still way behind intraday highs of 204.95. Advanced Micro Devices (AMD) gained a smidgeon of a percent, while Marvell Technology (MRVL) gained 2% after recovering off its 50-day line.

Microsoft (MSFT) and Adobe (ADBE) both hit new highs of about 2%, while Netflix (NFLX) gained 4.2 percent. After the market closed, Adobe announced that it would pay $1.275 billion for Frame.io, a major cloud-based video collaboration platform. The ADBE shares were not traded overnight.

Following earnings, Cisco Systems (CSCO) rallied from morning lows to a two-year high. CSCO rose 3.8 percent to 57.27, regaining control of the 55.45 purchase point.
InMode (INMD) jumped 3.9 percent to a new high, continuing its remarkable bounce. On a good day for medical equities, Idexx Labs (IDXX) and HCA Healthcare (HCA) also climbed. Macy's (M) soared nearly 20% after reporting solid profits, expectations, and other factors. Kohl's (KSS) has taken a significant move.

Based on robust buyer demand, Bitcoin is up more than 6% on the day after breaking beyond $47,000. The world's largest cryptocurrency has set a 24-hour high of $47,359, giving it a year-to-date return of 62.2 percent. Bitcoin prices are currently hovering just above $47,000, with one BTC fetching around $47,100.