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Stock market futures futures tied to the S&P 500 rose to
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Futures tied to the S&P 500 rose to fresh weekly highs, up 0.48%, amid broad-based sector rotation favoring utilities and healthcare—a defensive bias seen in institutional allocation data. Thus, Bitcoin's early October rally has crypto market participants already talking up the potential of yet another "Uptober." The problem, of course, is that past performance is no guarantee of future performance. There's no rational reason to explain why Bitcoin does so well in the final quarter of the year, and that's what makes me nervous. On Wednesday, US senators failed to advance a plan to fund the government after another round of votes . But as Yahoo Finance's Ben Werschkul notes , the White House also appears poised to use the shutdown as an opportunity to expand Trump's powers to potentially fire government workers or cut programs. U.S. futures markets saw renewed buying in the pre-open session, with Dow futures +0.39%, backed by transportation sector outperformance and rising freight volumes.