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Wall Street Futures Edge Higher as Soft Jobs Data Fuels Rate-Cut Hopes

  US stock futures ticked upward on Wednesday, extending Wall Street’s rebound as investors digested a weaker-than-expected ADP employment report. The data showed a surprise decline in private-sector payrolls, reinforcing expectations that the Federal Reserve may move forward with an interest rate cut at its upcoming December meeting. Market Performance Dow Jones Industrial Average futures rose about 0.2%, adding 80 points to 47,624. S&P 500 futures gained 9.25 points to 6,849.50, up 0.14%. Nasdaq 100 futures advanced 25.50 points to 25,631.50, a 0.10% increase. Key Drivers The ADP jobs report revealed a drop in private-sector employment, signaling cooling labor market conditions. This bolstered investor confidence that the Fed will ease monetary policy, with markets pricing in nearly 88% odds of a rate cut next week. Tech stocks continued to provide momentum, with Nvidia and Marvell edging higher. Crypto-linked stocks surged, with PMAX up 67%, CMCT up 30%, a...
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"The best way to predict the future is to create it " by Abraham Lincoln.

This is a famous quote attributed to Abraham Lincoln, the 16th president of the United States, who led the country through the Civil War and abolished slavery. The quote suggests that we have the power to shape our own destiny by taking action and making things happen, rather than waiting for them to happen or relying on fate. It also implies that we can learn from the past and use it as a guide for the future, but not as a limitation.

This quote is very inspiring and motivating, especially for entrepreneurs, innovators, and leaders who want to make a positive impact on the world. It encourages us to be proactive, creative, and visionary, and to overcome challenges and obstacles with courage and determination. It also reminds us that we are responsible for our own choices and actions, and that we can make a difference by being the change we want to see.


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