Bitcoin Declines While Stock Futures Indicate Recovery – Europe Market Wrap

US stock futures crept up as traders waited for a print of the Fed’s favoured inflation index to provide indications about interest rate expectations.

Following the underlying index’s Thursday erasure of the last of its 2025 gains, contracts for the S&P 500 increased by 0.4%, indicating a recovery. With a 1% premarket gain, Nvidia was in a position to somewhat rebound from the previous session’s 8.5% post-earnings decline.

Prior to the opening bell, stocks associated with cryptocurrencies were down as some investors rushed to safer assets in response to Trump’s recent trade-tariff threats, further intensifying the recent decline in Bitcoin.

After that, focus shifts to the core personal consumption expenditures price index, which does not include the frequently fluctuating costs of food and energy. Economists estimate that the index increased 2.8% in December and likely increased 2.6% in January. Compared to 0.16% in December, it likely increased by a small amount to 0.27% per month.