Bitcoin's Resurgence Causes Stock Market Instability

Bitcoin prices reach an 18-month high, causing speculation about a bitcoin exchange-traded fund. Anxiety over the Israel-Hamas war, earnings reports from tech giants Microsoft and Google-parent Alphabet, and a crowded economic calendar with flash PMIs from various countries are likely to keep investors jittery. European bourses are expected to open lower, while treasuries and the U.S. dollar are affected by declining yields. London cocoa futures are set to test a fourth successive record high due to shrinking demand and a severe downturn in supply.