US stock futures advanced, driven by strong performances from tech giants such as Apple, Broadcom, Nvidia, and Shopify. Bayer also saw a significant rise, surging 11% on optimism about reduced litigation risks. Meanwhile, the cryptocurrency market faced declines, with Bitcoin falling towards $65,000 amid ongoing uncertainty regarding the Federal Reserve's neutral rate. This uncertainty has left Fed officials divided, complicating potential rate cuts in 2025.
US Stock Futures Climb on Tech Gains; Crypto Markets Decline
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