Major equity futures indices traded lower, led by a nearly 1% decline in the Dow following concerns over credit card interest rate caps affecting JPMorgan. While big tech shares like Meta and Microsoft also faced pressure, U.S. CPI data offered a silver lining as core inflation rose 0.2% in December, slightly below analyst expectations. In the options market, E-mini S&P 500 futures saw a significant surge in put volume, while Bitcoin futures rallied past 95,000 to break its 50-day moving average.
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