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Wall Street Pauses as Fed Meeting Looms: Futures Hold Steady

U.S. stock futures were little changed on Tuesday as investors awaited the start of the Federal Reserve’s final policy meeting of the year. The Dow Jones Industrial Average, S&P 500, and Nasdaq futures all hovered near flat, reflecting a cautious mood across Wall Street. The Fed is widely expected to keep interest rates unchanged, but traders are focused on Chair Jerome Powell’s comments and the central bank’s updated economic projections. Markets are looking for clues on when rate cuts might begin in 2024, with inflation cooling but still above the Fed’s long-term target. Recent gains in equities have been fueled by optimism that the Fed’s tightening cycle is over, yet uncertainty remains about how quickly monetary policy will shift toward easing. Until then, investors appear content to hold their positions, waiting for clearer signals from the Fed before making bold moves.

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Israel Prepares for All Scenarios Amid Ceasefire Efforts

 


Israeli Defence Minister Yoav Gallant emphasized today that while Israel is not seeking to escalate the ongoing conflict, it is preparing for all possible scenarios. This statement comes as U.S. Secretary of State Antony Blinken continues to push for a ceasefire.

During a visit to air defense officers, Gallant praised the forces involved in a recent operation in Beirut, which targeted a Hezbollah commander responsible for a rocket attack that killed 12 children and teenagers in the Golan Heights. “The performance last night in Beirut was focused, high quality, and contained,” Gallant stated. He reiterated that Israel’s primary goal is to avoid further conflict but stressed the importance of being prepared for any developments.

Blinken, on his part, has been advocating for a ceasefire, hoping it will lead to a reduction in tensions not only in Gaza but also in Lebanon. The international community watches closely as both sides navigate this delicate situation, with hopes for a peaceful resolution remaining high.


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