Waiting for Powell's speech! The three major U.S. stock index futures are rising, European stocks are mixed, and Bitcoin is up nearly 1%

Wallstreetcn
2024.12.04 09:21
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Federal Reserve Chairman Jerome Powell will deliver a speech at 1:40 PM Eastern Time, as the market awaits signals for interest rate cuts. U.S. stock index futures are broadly up, with S&P 500 futures rising 0.16%, Nasdaq futures up 0.38%, and Dow futures up 0.3%. European stocks are mixed, with the German DAX index up 0.38% and the UK FTSE 100 index down 0.10%. Bitcoin is up nearly 1%, currently reported at 96,826.51. The yield on the U.S. 10-year Treasury bond has risen to 4.256%