{"id":121379,"date":"2025-12-03T16:57:01","date_gmt":"2025-12-03T12:57:01","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=121379"},"modified":"2025-12-03T16:57:07","modified_gmt":"2025-12-03T12:57:07","slug":"u-s-futures-rise-as-fed-cut-bets-firm-and-bitcoin-rebounds","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/u-s-futures-rise-as-fed-cut-bets-firm-and-bitcoin-rebounds\/12\/03\/market-updates\/","title":{"rendered":"U.S. Futures Rise as Fed Cut Bets Firm and Bitcoin Rebounds"},"content":{"rendered":"\n<p>U.S. stock futures rose on Wednesday, with growing confidence in a Federal Reserve rate cut and a sharp rebound in Bitcoin helping to steady risk sentiment.<\/p>\n\n\n\n<p>By 05:30 ET (10:30 GMT),<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Dow Jones futures were up 115 points, or 0.2%<\/li>\n\n\n\n<li>S&amp;P 500 futures gained 13 points, or 0.2%<\/li>\n\n\n\n<li>Nasdaq 100 futures added 40 points, or 0.2%<\/li>\n<\/ul>\n\n\n\n<p>The major Wall Street indices had already advanced on Tuesday, recovering from the bout of risk aversion seen at the start of the week.<\/p>\n\n\n\n<p><strong>Fed rate cut expectations in focus<\/strong><\/p>\n\n\n\n<p>Attention has shifted firmly back to the Fed\u2019s December 9\u201310 policy meeting, with markets largely convinced that a rate cut is coming.<\/p>\n\n\n\n<p>CME\u2019s FedWatch tool shows investors assigning around an 87% probability that the central bank will lower its benchmark rate by 25 basis points, as policymakers look to support a cooling labour market despite lingering signs of sticky inflation.<\/p>\n\n\n\n<p>On the data front, traders are watching Wednesday\u2019s ADP private-sector payrolls report for an early read on employment conditions ahead of official labour data.<\/p>\n\n\n\n<p>Focus will then turn to Friday\u2019s release of the long-delayed Personal Consumption Expenditures (PCE) Price Index \u2014 the Fed\u2019s preferred inflation gauge \u2014 alongside personal income and spending figures. The PCE data are expected to play a key role in shaping expectations around the scale and pace of future cuts.<\/p>\n\n\n\n<p><strong>Crypto rebound lifts risk appetite<\/strong><\/p>\n\n\n\n<p>Risk assets also drew support from a recovery in digital currencies. Bitcoin rebounded back into the mid-$90,000 range after sharp losses earlier in the week, boosting crypto-exposed stocks and improving broader risk sentiment, particularly in tech.<\/p>\n\n\n\n<p>The bounce in crypto and growth names helped underpin Tuesday\u2019s gains on Wall Street and continued to lend a tailwind to futures on Wednesday.<\/p>\n\n\n\n<p><strong>Marvell confirms Celestial AI deal<\/strong><\/p>\n\n\n\n<p>In corporate news, Marvell Technology confirmed a <strong>$3.25 billion<\/strong> deal to acquire semiconductor startup <strong>Celestial AI<\/strong>, as it moves to strengthen its position in AI-focused compute infrastructure.<\/p>\n\n\n\n<p>The acquisition will give Marvell access to Celestial\u2019s photonics technology, which uses light instead of electrical signals to link AI and memory chips, improving bandwidth and efficiency in data-heavy workloads. The company expects meaningful revenue contributions from the deal to begin in the second half of its fiscal 2028.<\/p>\n\n\n\n<p>Elsewhere, <strong>Pure Storage (NYSE: PSTG)<\/strong>, <strong>CrowdStrike Holdings (NASDAQ: CRWD)<\/strong> and <strong>Okta (NASDAQ: OKTA)<\/strong> are set to be in focus after releasing quarterly results after Tuesday\u2019s closing bell.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. stock futures rose on Wednesday, with growing confidence in a Federal Reserve rate cut and a sharp rebound in Bitcoin helping to steady risk sentiment. By 05:30 ET (10:30 GMT), Dow Jones futures were up 115 points, or 0.2% S&amp;P 500 futures gained 13 points, or 0.2% Nasdaq 100 futures added 40 points, or &hellip;<\/p>\n","protected":false},"author":9,"featured_media":31017,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,37,39,36],"tags":[7722,11257,6887,6862],"class_list":["post-121379","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-forex-markets","category-global-stock-markets","category-market-updates","tag-job-growth","tag-nfp-report","tag-unemployment","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=121379"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121379\/revisions"}],"predecessor-version":[{"id":121380,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121379\/revisions\/121380"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31017"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=121379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=121379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=121379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}