"Powell Signals High Rates as Stocks Shrug Off Easing Hopes"

Stocks showed mixed performance despite Fed chief Jerome Powell's comments on inflation and rates, with major indexes remaining below their 50-day moving averages. AI leader Super Micro Computer surged, while Sea Limited, Datadog, and DraftKings also showed positive action. ASML reports before Wednesday's open, with its earnings expected to significantly fall for Q1. Meanwhile, Tesla stock continued to decline amid uncertainty about the company's strategy and upcoming Q1 earnings report. The stock market rally remains under pressure, with Treasury yields posing a growing headwind for stocks and investors advised to prioritize stocks holding key levels or showing relative strength.