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Wall Street Futures Climb on Fed Cut Hopes as Bitcoin Extends Steep Decline

US markets staged a rebound Friday morning, with futures for the Dow Jones Industrial Average, S&P 500, and Nasdaq all moving higher after a turbulent week. The rally was fueled by growing bets that the Federal Reserve could cut interest rates at its upcoming December meeting, following dovish comments from New York Fed President John Williams. His remarks shifted sentiment sharply, with nearly 70% of traders now expecting a rate cut. Dow futures gained 0.7% , leading the advance. S&P 500 futures rose 0.5% , while Nasdaq futures added 0.4% . The optimism comes after Thursday’s sharp sell-off, underscoring the volatility gripping markets as investors weigh AI-driven risks and Fed policy divisions. Meanwhile, cryptocurrencies continued to struggle. Bitcoin plunged to around $82,000 , marking its worst month since the 2022 crypto collapse. The decline reflects heavy institutional outflows, miner sell-offs, and broader risk-off sentiment across digital assets.

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Taylor Swift and Prince William Share Royal Selfie at London Concert

Taylor Swift, the pop sensation, recently graced the stage at Wembley Stadium in London during her Eras Tour. However, it wasn’t just her performance that made headlines—it was her backstage encounter with Prince William that stole the show.

Before her concert, Taylor Swift snapped a perfect royal selfie with the Prince of Wales and two young music fans: Prince George and Princess Charlotte. Kensington Palace shared the heartwarming photo on social media, thanking Swift for a “great evening.” For Prince William, attending the hottest show in town with his two eldest children was a way to earn maximum dad points on his 42nd birthday.

The nearly 90,000 fans in the stadium witnessed Prince William’s energetic dance moves as he grooved to Swift’s hit single “Shake It Off.” The video of his spirited dance quickly went viral, adding to the excitement of the evening.

Swift’s Eras Tour has been captivating audiences across the UK, with shows in Edinburgh, Liverpool, and Cardiff. London, where she spent part of her career, holds a special place in her heart. As she put it, it’s “the most exhilarating city in the world.”

Other notable attendees at the concert included Bridgerton star Nicola Coughlan, Labour leader Keir Starmer, Queer Eye’s Jonathan Van Ness, and model Cara Delevingne. Swift’s parents, Andrea and Scott, were also in the audience.

In the midst of the music and celebration, Prince William celebrated his 42nd birthday, making it a memorable night for both royalty and fans alike. 

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