S&P 500 Futures Edge Higher; Bitcoin Rises — WSJ

By Caitlin McCabeU.S. stocks may be headed for their best week since the November "Trump bump."Both the Dow industrials and S&P 500 look set for their largest weekly gain since the presidential election, when Donald Trump's victory sent stocks soaring. Through Thursday, the Dow was up 2.9% for the week, while the S&P 500 had risen 1.9%. The Nasdaq Composite was also higher, by 0.9%.Early trading Friday suggests indexes have further to run, with stock futures edging higher. Among the gainers: Chip makers and cryptocurrency stocks, with the latter helped by bitcoin's resurgence above $100,000.Overseas, indexes in China edged higher after the country said its economy expanded 5% last year, following a barrage of stimulus. In Europe, the U.K. pound and bond yields weakened after disappointing retail-sales data there.In recent trading:U.S. stock futures gained, with contracts tied to the Nasdaq-100 leading the way.The 10-year U.S. Treasury yield was little changed, after settling Thursday around 4.6%.Bitcoin's price hit 102,000, the highest level in more than a week, ahead of Trump's inauguration Monday.Up ahead:Data on housing starts and building permits are due at 8:30 a.m. ET.State Street, Regions Financial and Citizens Financial are among the companies reporting results before the opening bell.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).