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Wall Street Futures Rise as Inflation Cools, Boosting Rate-Cut Hopes

US stock futures climbed Friday morning after the latest Consumer Price Index (CPI) report showed inflation rising at a slightly slower pace than expected. The data offered investors reassurance that price pressures are easing, strengthening expectations for a Federal Reserve rate cut next week. Dow Jones Industrial Average futures gained about 0.5% S&P 500 futures rose 0.7% Nasdaq 100 futures jumped 1% The September CPI report revealed annual inflation at 3% , just below forecasts of 3.1%. On a monthly basis, prices increased 0.3% , a modest slowdown from August. This cooler-than-expected reading comes after a delay caused by the government shutdown, making it the first major economic release in weeks. With nearly all market bets pointing to a Fed rate cut, investors are increasingly optimistic about a softer monetary policy path ahead.

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Hezbollah Confirms Seventh Senior Commander Killed in Recent Israeli Strikes

 

In a series of escalating confrontations, Hezbollah has confirmed the death of its seventh senior commander, Nabil Kaouk, in recent Israeli airstrikes. Kaouk, who served as the deputy head of Hezbollah’s Central Council, was killed on Saturday, marking a significant blow to the Lebanese militant group.

Kaouk’s death follows a string of targeted strikes by Israel that have claimed the lives of several high-ranking Hezbollah officials, including founding members who had long evaded capture or assassination. These strikes have intensified over the past week, with Hezbollah confirming the deaths of multiple senior leaders.

The Israeli military has stated that these operations are part of a broader campaign to dismantle Hezbollah’s leadership and operational capabilities. The recent airstrikes have also resulted in significant civilian casualties and displacement, with over 1,000 people reported dead and hundreds of thousands forced to flee their homes.

Hezbollah, in response, has continued to launch rockets and missiles into northern Israel, although most have been intercepted or have landed in uninhabited areas. The conflict has brought the region to the brink of a wider war, raising concerns about a potential escalation into a full-scale regional conflict.

Kaouk, a veteran member of Hezbollah since the 1980s, played a crucial role in the group’s military operations, particularly during the 2006 war with Israel. His death is seen as a significant loss for Hezbollah, which has vowed to continue its resistance against Israeli aggression.

The situation remains highly volatile, with both sides showing no signs of backing down. The international community continues to call for restraint and a return to negotiations to prevent further loss of life and instability in the region.


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