The Treasury ETF #TLT +0.71% rebounded today after falling sharply yesterday on hawkish comments from Fed Chairman Powell.

Taiwan Semiconductor Manufacturing Co. ( #TSM +5.5% ) shares are trading higher today after the company reported revenue growth of 34.8% sequentially in October. A strong U.S. dollar and new product launches from Apple ( #AAPL +1.4% ) helped drive growth, Digitimes reported. Strength in TSM and AAPL drove gains in tech stocks this morning.

#Bitcoin rose another 2.25% today to $37,838 amid speculation that a Bitcoin ETF may soon be allowed to trade. The trend of Bitcoin is bullish, with the next target being $40,000 to $45,000.

A rebound in TLT and gains in large-cap tech stocks are pushing major market indexes higher. The average gain is about 0.65%. The key #SPX level to watch is 4402. The market may move higher if this level is broken upwards, which is currently at 4372. The key 10-year Treasury yield #TNX level to watch is 4.7%, and if it breaks above that level, stocks could fall again, which is now 4.606%.

#SPX, #TNX, #TSM, #AAPL