Stock Market Future: Downturn Signals and the Status of Bitcoin

US Stock Market Future Becomes Uncertain

US stock futures are showing a downward trend in premarket trading on Tuesday, following the S&P 500 and Nasdaq Composite Index closing below their 50-day moving averages.

Bitcoin Decline and Its Effects

This morning, Bitcoin (BTC-USD) briefly dropped below the $90,000 level, causing a decline in other cryptocurrencies and crypto-related stocks.

Home Depot's Struggles

Home Depot's stocks are losing value after falling short of third-quarter earnings estimates. While it slightly succeeded in meeting revenue expectations, it lowered its year-end forecasts.