Earnings and crude oil action drive the markets as the Dow climbs almost 500 points, supported by 3M and Northrop Grumman. E-mini Nasdaq-100 futures recover from a 300-point drop as AI-related tech stocks stabilize ahead of Meta's earnings. Single-family housing starts slump 4.6% to an 859,000 annual rate as 30-year fixed mortgage rates hit 7.4%, tracking higher Treasury yields. In options, short-term E-mini Nasdaq-100 volume remains robust, accounting for 75% of the total, while E-mini S&P 500 implied volatility climbs above 12%. Bitcoin futures trade near $82,500 after early weakness, with Micro Bitcoin futures volume surpassing 60,000 contracts.