Bitcoin and stock futures are moving in separate directions as focus turns to consumer sentiment and shutdown-delayed PCE data ahead of next week's Fed rate decision.
Equity markets have remained largely unchanged this week as investors anticipate guidance from the upcoming Federal Open Market Committee (FOMC) meeting.
Bitcoin (/BTCZ25) and Ethereum (/ETHZ25) Futures looked to continue their rebound from the recent November lows on Thursday as optimism of a December rate cut continues across the broader market.
Initial jobless claims and Challenger layoff data come ahead of the open after ADP's weak report yesterday raised rate cut odds. Salesforce and Snowflake results are also in focus.
Crypto turned around yesterday but Marvell Technology earnings appeared to disappoint. Today brings Salesforce results and ADP jobs data, along with Macy's and Snowflake.
Find Market Commentary content
Today's Options Market Update
Weekly Trader's Outlook
Implications of a New Fed Chair Nominee
Sector Views: Monthly Stock Sector Outlook
Risk Appetite Sags, Stocks Dip Ahead of PCE, Fed
Looking to the Futures
New Batch of Jobs Data Next After Surprise Drop
2026 Outlook: Treasury Bonds and Fixed Income
Salesforce, Macy's, Crypto, and ADP Jobs in Focus