Bitcoin price today: gains to $120k, near record high on U.S. regulatory cheer
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* Futures: Dow falls 0.4%, S&P and Nasdaq down 0.2% each
By Medha Singh
Dec 2 (Reuters) - U.S. stock index futures pulled back on
Wednesday after the S&P 500 and the Nasdaq closed at record
levels, with investors awaiting a report on monthly private job
creation that will provide fresh hints on the health of the
economy.
Positive updates on coronavirus vaccine have helped
investors look past the record-breaking jump in infections and
raise bets on a swift economic recovery next year, powering the
Wall Street's main indexes to life-highs recently.
Pfizer Inc PFE.N and BioNTech's BNTX.O COVID-19 vaccine
got the green light for use in Britain, the first Western
country to approve a shot for COVID-19. Meanwhile, U.S. officials on Monday unveiled details of
their plan to distribute vaccines to millions of Americans
starting later this month. As pandemic-led restrictions continue to pose a threat to
the labor market recovery, investors will keep a close eye on
November's private payrolls data, which is due at 8:15 a.m. ET
(1315 GMT).
At 06:29 a.m. ET, Dow E-minis 1YMcv1 fell 113 points, or
0.38% and S&P 500 E-minis EScv1 dropped 8.75 points, or
0.24%. Nasdaq 100 E-minis NQcv1 declined 23.75 points, or
0.19%.
Among individual stocks, Salesforce.com Inc CRM.N dropped
about 4.5% as it agreed to buy workplace messaging app Slack
Technologies Inc WORK.N in a $27.7 billion deal as it bets on
an extended run for remote working.