US Stock Futures Advance, Bitcoin Resumes Slide: Markets Wrap

US equity-index futures rose after a volatile week as optimism grew over potential Federal Reserve interest-rate cuts. Bitcoin fell for the fifth time in six sessions, giving up some of its gains from the weekend.

Futures on the S&P 500 advanced about 0.4% as the new week began, after the underlying gauge gained Friday to close out a turbulent stretch marked by a selloff in riskier corners of the market. Contracts for the Nasdaq 100 index rose 0.6%. Shares in Australia and South Korea edged up, while Japan is closed for a holiday.

Risk appetite improved on Wall Street after ...