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S&P 500 futures rise today and Bitcoin gains strength above $63 thousand

1 min read
PortalCripto
S&P 500 futures rise today and Bitcoin gains strength above $63 thousand
Source: gianfranco marotta/Pexels — S&P 500 futures rise today and Bitcoin gains strength above $63 thousand
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S&P 500 futures today are trading higher at the start of the week, while Bitcoin follows the move and is trading above $ 63.600. The market is starting a decisive week for investors, who are watching the release of the minutes from the June Federal Reserve meeting in search of new signals about United States monetary policy.

In the first hours of trading, the Bitcoin was quoted at US$ 63.670, accumulating a gain of approximately 1% over the last 24 hours. Among the main U.S. futures indexes, contracts of the S&P 500 were advancing to 7.559,75 points (+0,42%), while Nasdaq futures were rising 1,26%, to 29.927 points. Meanwhile, Dow Jones futures were recording a slight decline of 0,04%, to 53.160 points, and the Russell 2000 advanced 0,12%, to 3.017,70 points.

The favorable market sentiment was also reflected in market indicators. The volatility index VIX fell 2,11%, to 15,81 points, suggesting lower demand for protection among investors. At the same time, the gold was rising 1,66%, trading at US$ 4.194,10, showing that part of the market continues to balance positions between assets considered defensive and investments with higher return potential.

The last week was broadly positive for Wall Street. The S&P 500 gained nearly 2% and ended the period at 7.483,24 points, nearing the all-time high mark of 8.000 points. The Nasdaq Composite and the Dow Jones also closed the week with consistent gains, supporting the strong performance of the U.S. stock market.

Even with profit-taking at semiconductor companies, the main indexes kept their positive trajectory. Investors reduced exposure to chipmakers and redirected resources to companies in the financial, industrial, and healthcare sectors. As a result, the VanEck Semiconductor ETF saw a drop of 3,2%, marking the second consecutive week of losses.

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