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Bitcoin is sinking. It’s down 4.2% today, falling below $91,000—the lowest in two months. Ethereum is getting hit even harder, dropping 9.3%. Rising Treasury yields are making investors dump riskier bets like crypto. Let’s break it down. Crypto Drops, Bond Yields Rise Bitcoin breaking
Tech stocks are lifting markets today. Nasdaq futures are up 0.96%, driven by excitement over Microsoft’s massive $80 billion AI spending plan. Treasury yields are climbing, hitting levels we haven’t seen since 2023, and the dollar is slipping for the second day in a row. Let’s
Markets are lower this morning. Nasdaq 100 futures are leading the drop, down -1.10%. Bitcoin is also losing steam, falling $15,000 from its December high, while Apple is on the verge of a historic $4 trillion market cap. Let’s break it down. Market Futures Markets are off
Zero-day-to-expire options (0DTE) are taking over the market. These contracts, which expire the same day they’re traded, now make up 50% of all S&P 500 options activity — a huge jump from just 17% in 2020, per WSJ. These options could cause extreme volatility for markets. Zero-day options
Markets are settling into holiday mode, with stock futures slightly down on the last full trading day before Christmas. Here’s where things stand today: * Nasdaq-100: +0.37% * S&P 500: +0.04% (flat) * Dow Jones: -0.22% On Friday, the S&P 500 rose 1.1%, recovering
Markets are pulling back today as traders wait for December jobs data. Futures for the S&P 500 and Nasdaq 100 are both down -0.2%.
Stocks Fall Before Jobs Data
The numbers are expected to show +165,000 new jobs added in December, with unemployment steady at 4.2%.
Why does it matter? A weaker report could fuel hopes for rate cuts, while stronger numbers might keep the Fed focused on inflation.
Here’s where things stand today:
- S&P 500: -0.28%
- Nasdaq 100: -0.2%
- Dow Jones: -0.07% (flat)
Palisades Fire Adds Pressure
Wildfire damages from the Palisades Fire in Los Angeles are weighing on the insurance sector. Stocks like Allstate and Chubb haven’t moved much, though.
This could mean investors think the losses are already priced in—or they’re not seeing the full impact yet.
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Insured losses from the Palisades Fire are now estimated between $8 billion and $20 billion, per CNBC
Oil Prices Surge
Oil prices are spiking again. WTI crude is up 2%, hitting $74.30 a barrel (now $75 this morning), and its highest in three months. Severe winter weather has tightened U.S. crude supplies, adding pressure to markets.
Quantum Stocks Crash
Quantum stocks are taking a beating. Nvidia’s CEO, Jensen Huang, said useful quantum computers could still be 15–30 years away. Stocks like Rigetti Computing (RGTI) and IonQ are down 40% since his remarks at CES 2025.
Here's some other trends happening today:
Crypto climbs:
- Bitcoin is up 3.1% to $94,980
- Ethereum gained 3.2% to $3,312. Speculative trades are still active.
Gold inches higher:
- Gold rose 0.6% to $2,682.06 an ounce
Stocks:
- S&P 500: -0.28%
- Nasdaq 100: -0.2%
- Dow Jones: -0.07% (flat)
Commodities:
- Oil: 2% to $74.30