S&P 500 futures rise to near record high as investors await Fed decision, while bitcoin holds above $39,000 after Elon Musk tweet

S&P 500 futures rise to near record high as investors await Fed decision, while bitcoin holds above $39,000 after Elon Musk tweet

Rose to trade near a record high on Monday as investors awaited Thursday's Federal Reserve policy meeting, while held above $39,000, having rallied after Elon Musk raised the prospect of Tesla accepting the token for payments again. Futures for the S&P 500 climbed 0.14% to near new highs after the index hit a record on Friday. futures were up 0.27%, while were 0.13% higher. Equity investors around the world are showing themselves to be optimistic, as the biggest economies reopen from coronavirus lockdowns and growth picks up. Europe's gained 0.18% to reach a record high, while the UK's 0 climbed 0.33%. Japan's put on 0.74%, while Chinese markets were shut for a public holiday. In the US, stocks have been helped in recent days by a fall in bond yields, driven by ongoing support from Fed policymakers and by investors betting that the sharp rise in inflation in April will prove temporary. Yields - which move inversely to prices - fell sharply in the five days to Friday, as bonds had their best week in a year. Yet the yield on the key was roughly flat on Monday at 1.460% as the rally paused. Investors were looking ahead to the