"Investors Await December Inflation Report as Market Nerves Persist"

S&P 500 futures edged up as investors awaited the December inflation report and the start of the fourth-quarter earnings season, with KB Home shares slipping after issuing revenue guidance. The U.S. Securities and Exchange Commission approved rule changes for bitcoin exchange-traded funds, while the House Financial Services Committee demanded a hearing after the SEC's X account posted a false social media message on bitcoin ETFs. Moody's Investors Service noted that the approval of spot bitcoin ETFs by the SEC could reshape the dynamics of cryptocurrency investments, potentially attracting more institutional interest and reducing market volatility.