The strong stocks for a tightening environment include Qualcomm, Moderna, Regeneron and Louisiana-Pacific.

Bitcoin is down another 8% amid a broader selloff that has seen the digital token shed a quarter of its value in January alone. The stock market knows why.

The debate over cryptocurrencies and their inherent value rages on as bitcoin loses 40% of its value since touching an all-time high of $67,553.95 on November 8.

Stock futures mixed as Treasury bond yields extend march; Wall Street braces for busy week with inflation, bonds and Fed testimony in focus; Reddit preps for $15 billion IPO; Bitcoin holds near September lows and Novak Djokovic wins an early court battle to contest this year's Australian Open.

Coty, Trade Desk, Palo Alto Networks, Riot Blockchain and Tilray are five top stock gainers for Monday.

Elon Musk has closed out his margin loans, linked to Tesla shares, and pledged another $6.25 billion in equity to fund his $44 billion takeover of the social media website.

"As we look into the second half of the year, it's hard to predict exactly when COVID and the war in Russia is going to be behind us," said CEO Jensen Huang.

"While macroeconomic pressures on consumer spending increased during the quarter, our customers continued to shop," said CEO Jeff Gennette.

"Combining our assets and talented team with Broadcom's existing enterprise software portfolio creates a remarkable enterprise software player," said VMware CEO Raghu Raghuram.