
Diego Thomazini
U.S. stock futures were little changed on Thursday as investors looked toward the end of a strong year for equities. Expectations that the Federal Reserve will cut interest rates next year continued to drive equities higher.
Here are some of Thursday’s biggest stock movers:
Biggest stock gainers
- Shares of companies in the cryptocurrency industry extended their gains on Thursday following a surge the previous day as the rally in digital currencies continued on optimism that the U.S. Securities and Exchange Commission will approve a spot bitcoin ETF early next month and in anticipation of interest rate cuts in 2024. Bitcoin miners saw some solid gains, with Bit Mining (BTCM) +7.2%, Bit Digital (BTBT) +7%, Bakkt Holdings (BKKT) +13.6%, and Greenidge Generation (GREE) +10.5%.
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- Crypto stocks BIT Mining, Greenidge, Marathon Digital climb on ETF hopes