S&P 500 futures reached a record intraday high as big tech firms led the equity market higher. Nasdaq-100 futures gained 1%, while the dow declined nearly 500 points. The drop was largely attributed to a 20% decline in U.S. health care companies following the announcement that rates for Medicare Advantage insurers would remain nearly flat for 2027. Economic data showed consumer confidence falling to 84.5, its lowest level since 2014. Market focus shifted to the upcoming Fed decision, where no policy change is expected. In the currency market, the dollar declined to 96.15, its lowest point since September. Equity options data revealed that put volume reached 73% of total volume, with heavy activity in expiring contracts. Bitcoin futures rallied in the afternoon to trade above 89,000. This follows a period of significant growth for the CME Group crypto suite, which saw 3 trillion notional dollars traded in 2025 with average daily volume reaching 280 thousand contracts.