Bitcoin surge lifts U.S. stock futures as Iran policy, PMI loom
TL;DR Summary
U.S. stock futures drift higher on Friday as bitcoin surged toward $77,000, with Dow futures up about 0.6%, S&P 500 futures up 0.4%, and Nasdaq-100 futures up 0.7%, as investors await details on President Trump's Iran policy, a Jackson Hole backdrop, and the S&P Global PMI release along with BJ's Wholesale Club earnings; a bond selloff earlier in the week pressured AI/tech names like Nvidia, while bitcoin's strength supported risk sentiment.
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