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Wall Street Futures Climb on Fed Cut Hopes as Bitcoin Extends Steep Decline

US markets staged a rebound Friday morning, with futures for the Dow Jones Industrial Average, S&P 500, and Nasdaq all moving higher after a turbulent week. The rally was fueled by growing bets that the Federal Reserve could cut interest rates at its upcoming December meeting, following dovish comments from New York Fed President John Williams. His remarks shifted sentiment sharply, with nearly 70% of traders now expecting a rate cut. Dow futures gained 0.7% , leading the advance. S&P 500 futures rose 0.5% , while Nasdaq futures added 0.4% . The optimism comes after Thursday’s sharp sell-off, underscoring the volatility gripping markets as investors weigh AI-driven risks and Fed policy divisions. Meanwhile, cryptocurrencies continued to struggle. Bitcoin plunged to around $82,000 , marking its worst month since the 2022 crypto collapse. The decline reflects heavy institutional outflows, miner sell-offs, and broader risk-off sentiment across digital assets.

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Your lookahead horoscope: June 30, 2024

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

Decide what it is you want from life then go after it with every fibre of your being. Too often in the past you have been half-hearted about your aims but now the rewards are so outrageously huge it would be a crime not to make a serious effort.

ARIES (March 21 - April 20):

Resist the urge to say things just because you think it is what people in positions of authority want to hear. Chances are they will respect you a lot more if you call it as you see it, even if you are critical of some of their decisions.

TAURUS (April 21 - May 21):

If you find it difficult to understand a loved one’s choices and actions it’s probably because they are mixed up inside their own head and have no idea what it is they should be doing or why. If they don’t know then how can you?

GEMINI (May 22 - June 21):

The planets warn there is a real possibility that you could overlook something of major significance, most likely because you are focusing on another matter that is of no importance at all. Get your priorities right – and keep your eyes open.

CANCER (June 22 - July 23):

Just because the task you are expected to do is boring does not mean you can do it in a slapdash manner. Important people are watching you closely and if you make a success of this job the next job they send you will be more to your liking.

LEO (July 24 - Aug. 23):

If you are not entirely sure about the best direction to take over the next few days then it might be wise to get an expert to help you. Yes, of course, they will charge for their services but in the long-term they will save you much more.

VIRGO (Aug. 24 - Sept. 23):

Because Mercury, your ruler, is linked with Uranus, planet of genius, your insights won’t just be good, they will be amazing. Some people may suspect that you are operating on inside information but in reality you simply see deeper and further than they do.

LIBRA (Sept. 24 - Oct. 23):

As one of the zodiac’s Air signs your ability to express yourself is usually pretty good but now your words will be so remarkably persuasive that you can get almost anyone to do almost anything for you. It’s like you have some sort of super power.

SCORPIO (Oct. 24 - Nov. 22):

You may not take kindly to advice that has not been asked for but if you are smart you will listen to what a friend or family member is saying and then act on their suggestions. On this occasion they do indeed know better than you.

SAGITTARIUS (Nov. 23 - Dec. 21):

It’s easy to take the credit when things go right but not so easy to admit it when you make a mistake, but if you are honest that is what you must do. It’s no big deal that you made an error – even Sags get it wrong now and again.

CAPRICORN (Dec. 22 - Jan. 20):

The harder you try to figure out what is going on the more confusing the situation seems to get, so take the hint and back away from it for a while. It could be that you are too close to one particular event and cannot see the bigger picture.

AQUARIUS (Jan. 21 - Feb. 19):

Something you have been running away from for weeks, maybe months, must now be faced up to and dealt with. The good news is it won’t be anywhere near as traumatic an experience as you had feared. You may even enjoy yourself!

PISCES (Feb. 20 - Mar. 20):

You won’t be able to hide your feelings this week so don’t waste time and energy trying. Your body language alone will tell friends and family members all they need to know. Sometimes they seem to understand you better than you understand yourself.

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