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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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Canada Triumphs Over U.S. in Thrilling 4 Nations Final: PM Trudeau Celebrates Victory

 

In a nail-biting showdown at the 4 Nations championship, Team Canada secured a thrilling overtime victory over the United States. The match, which ended with a golden goal by Connor McDavid, saw Canada clinch the title in dramatic fashion.

Canadian Prime Minister Justin Trudeau, celebrating the win, made a pointed statement directed at U.S. President Donald Trump: "You can’t take our country — and you can’t take our game." Trudeau's comment was seen as a subtle jab at Trump, highlighting the rivalry and camaraderie between the two nations.

The victory was not just a win on the ice but also a moment of national pride for Canadians, who cheered loudly for their team. The atmosphere was electric, with fans and players alike reveling in the hard-fought win.

This win marks a significant achievement for Team Canada and serves as a reminder of the strong spirit and determination that defines Canadian sportsmanship.




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