Stock Market Today: Futures Edge Up Amid Trump Tariffs and Bitcoin Surge
The US stock market is expected to see a modest increase ahead of President Donald Trump's planned tariffs on major US trading partners, with bitcoin prices surging after Trump announced five digital assets would be included in a new strategic cryptocurrency reserve. The Dow Jones Industrial Average futures are broadly flat, while S&P 500 and Nasdaq 100 futures have seen gains of 0.2% and 0.3%, respectively. Investors are awaiting the February nonfarm-payrolls report on jobs growth, which is expected to show modest employment numbers.
- This surge in market sentiment highlights the ongoing shift in investor perceptions towards digital assets, as institutional investors and governments begin to take a more active role in supporting cryptocurrency adoption.
- How will the inclusion of bitcoin in the new US strategic cryptocurrency reserve impact its future price trajectory, and what implications might this have for other cryptocurrencies?