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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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Pentagon to Deploy 1,500 Troops to US-Mexico Border


The Pentagon has announced plans to deploy up to 1,500 active-duty troops to the US-Mexico border in the coming days. This move follows executive orders signed by President Donald Trump aimed at enhancing border security. Acting Defense Secretary Robert Salesses is expected to sign the deployment orders soon.

The troops will join approximately 2,500 National Guard and Reserve forces already stationed at the border. Their primary roles will include logistics, transportation, and construction of barriers to support border patrol agents. However, it remains to be seen if they will engage in law enforcement duties, which would mark a significant shift in their traditional roles.

This deployment is part of a broader strategy to "seal the borders" and address illegal immigration. The move has been met with mixed reactions, with supporters applauding the increased security measures and critics raising concerns about the implications of using military forces in this capacity.




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