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Overnight, Stock Futures Decline

During Wednesday morning, stock futures experienced a decline. Futures connected to the Dow Jones Industrial Average saw a decrease of 157 points, equivalent to 0.42%. S&P 500 futures and Nasdaq-100 futures remained relatively stable.

In the world of cryptocurrencies, Coinbase and Marathon Digital observed drops of 1% and nearly 3% respectively, due to a decline in bitcoin prices. This shift occurred in response to an incorrect announcement made on the U.S. Securities and Exchange Commission’s X account, which falsely claimed the approval of bitcoin ETFs.

On a different note, Juniper Networks recorded a gain of almost 0.6%, following the previous day’s increase, after news broke that Hewlett Packard Enterprise intends to purchase the company for approximately $14 billion, or $40 per share, in an all-cash transaction. Conversely, HPE shares experienced a decline of 0.3%, contributing to the 9% loss on Tuesday.

Source (CNBC)

SourceCNBC
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