Futures Point Higher as Bitcoin Reaches New Heights

Stock futures are pointing higher this morning after a mixed start to the week for major indexes. The Dow finished higher yesterday, while tech-heavy Nasdaq and S&P 500 fell due to losses in AI-related stocks.

The price of Bitcoin has been on a tear lately, briefly topping $81,000 overnight before slipping below $80,000. It's gained roughly 25% since the start of last week, boosted by comments from President Donald Trump and small regulatory wins.

Investors can also look forward to an update on consumer confidence this morning at 10 a.m. ET, when the Conference Board will release its latest report. Dick's shares are plunging after the retailer lowered its outlook and reported quarterly sales that missed analysts' estimates.

Intuit is set to publish its fiscal fourth-quarter results after the closing bell, with the company expected to report adjusted earnings per share of $3.58 on $4.27 billion in revenue.