Stock Market Update
02-Dec-25 09:16 ET
Futures point to higher open as Bitcoin recovers, tech names move higher
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +27.00. Nasdaq futures vs fair value: +132.00.
The stock market is on track for a higher opening this morning on the heels of a softer start to December that was precipitated by a sell-off in Bitcoin and other cryptocurrencies.
Bitcoin is up 1.7% this morning, which is contributing to an improvement in sentiment this morning. In particular, tech names are trending higher after yesterday's action saw the technology sector eke out a slight gain after holding a 1.3% loss early in the session.
NVIDIA (NVDA 182.21, +2.29, +1.3%), which was a standout yesterday, is leading the "magnificent seven" group again this morning in the premarket.
