US Stocks Likely To See Tepid Opening As Bitcoin Blasts Through $103,000: Investors Eye Jobless Claims Data While BlackRock Expects 'US Exceptionalism' To Power Earnings In 2025

U.S. stocks could open on a weak note on Thursday after the averages closed at a record high on Wednesday. Futures of all three major indices were marginally down on Thursday, pointing to cautious sentiment on Wall Street.The tentativeness in U.S. futures comes after Federal Reserve chair Jerome Powell tried to downplay expectations of swift rate cuts, citing a strong economy and uncertainty about inflation."The labor market is better, and the downside risks appear to be less in the labor market. Growth is ...