According to The Kobeissi Letter, US stock market futures extended their decline with Nasdaq 100 futures down 1.5% intraday. According to The Kobeissi Letter, this move corresponds to step #5 of their tariff playbook, indicating ongoing tariff-driven market pressure. According to The Kobeissi Letter, traders are watching for potential cross-asset spillover and may monitor BTC and ETH for liquidity and volatility during the US session as risk appetite weakens.

According to @CNBC, U.S. stock futures were little changed as traders prepared for the final month of the year, with live updates provided on the session setup (source: CNBC). According to @CNBC, no significant move was highlighted in the headline for equity futures at the time of posting, leaving no explicit equity-led signal for crypto markets such as BTC and ETH in this update (source: CNBC).

According to @KobeissiLetter, Nasdaq 100 futures rose about 2% after the September jobs report showed the US unemployment rate at its highest since October 2021, igniting a risk-on bid in equities (source: @KobeissiLetter). @KobeissiLetter also reports that Fed Chair Jerome Powell is watching the unemployment rate more than the headline jobs number, a focus that coincided with the futures rally following the report (source: @KobeissiLetter). For crypto trading, tech-led risk strength in US hours often aligns with intraday momentum in BTC and ETH, so monitoring price action into the cash open can be prudent when equity futures are bid on labor data (source: Kaiko research on BTC–Nasdaq correlations; source: @KobeissiLetter for the futures move).

According to @KobeissiLetter, Nasdaq 100 futures extended gains to about +1.5% after Nvidia (NVDA) beat earnings expectations, indicating a strong bid in mega-cap tech futures. source: @KobeissiLetter BTC and ETH have exhibited periods of positive rolling correlation with the Nasdaq 100 during 2023–2024, making equity-led risk moves relevant to crypto trading setups today. source: Kaiko Research

According to @StockMKTNewz, US stock index futures trading has resumed, signaling the approach of the cash market open and offering an early read on risk sentiment for traders; source: x.com/StockMKTNewz/status/1990117547073491165. CME Group indicates equity index futures on CME Globex provide near 24-hour price discovery and reopen Sunday at 6 p.m. ET, making futures moves a key pre-market signal before the New York cash session; source: cmegroup.com/markets/equities.html. IMF research documents a sharp post-2020 rise in the correlation between Bitcoin and US equities, implying that notable S&P 500 and Nasdaq 100 futures moves can spill over to BTC and ETH pricing during pre-market and overnight sessions; source: imf.org/en/Blogs/Articles/2022/01/11/Crypto-Prices-Move-More-in-Sync-With-Stocks. For crypto traders, monitoring S&P 500 and Nasdaq 100 futures during reopen can help gauge near-term risk appetite and potential volatility in BTC and ETH pairs on major exchanges; sources: imf.org/en/Blogs/Articles/2022/01/11/Crypto-Prices-Move-More-in-Sync-With-Stocks and cmegroup.com/markets/equities.html.