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Djia futures now are posting modest pre-market strength
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DJIA futures now are posting modest pre-market strength amid relief in global bond yields. Some strategists see technical support around 38,900, suggesting limited downside pressure. After testing the 20-day exponential moving average (EMA) on the weekly chart, bitcoin has rebounded to the $114,000 level and is now holding above all major daily EMAs. Paramount Skydance shares climbed more than 2% following the news. Paramount and Skydance Media formally completed a merger in August. DJIA futures now signal a cautious uptick of 0.22%, with traders eyeing upcoming durable goods orders data. Strong numbers could boost optimism about U.S. growth, lifting industrials and financials.