US stocks were relatively quiet with major indexes hovering near record levels ahead of the critical jobs report on Friday. In the crypto market, bitcoin surged briefly to a new peak above $US103,000. The S&P 500 edged up by 0.1%, just below its all-time high set for the 56th time this year. The Dow slipped 0.3%, down 122 points, while the Nasdaq rose slightly, up 0.2%. Australian shares are expected to open slightly higher, with futures pointing to a modest gain.
In cryptocurrency news, bitcoin surged from below $US70,000 on Election Day, peaking at $US103,000 before settling back to $US101,000. MicroStrategy, a major bitcoin purchaser, saw its stock initially rise 9% but then drop by 2.3%. Meanwhile, airlines led gains on Wall Street, with American Airlines Group soaring 15.3% after better-than-expected financial forecasts