Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Tragic Consequences of Conflict: Israeli Strikes in Gaza and Lebanon

 

In a devastating series of events, Israeli airstrikes have resulted in significant loss of life and destruction in both Gaza and Lebanon. On Saturday night, an Israeli strike on the central Gaza Strip tragically killed a family of eight. The victims, who were residing in the Nuseirat refugee camp, included parents and their six children, aged between 8 and 23. The strike also left seven others wounded, with some in critical condition.

Simultaneously, in southern Lebanon, Israeli airstrikes destroyed a century-old market in the city of Nabatiyeh. The Ottoman-era market, which had stood since 1910, was reduced to rubble, resulting in the death of at least one person and injuries to four others. The destruction of this historic site marks a significant cultural loss for the region.

These incidents highlight the ongoing and severe impact of the conflict on civilian populations and infrastructure in the affected areas. The international community continues to call for de-escalation and a peaceful resolution to the hostilities.


Labels:

Comments

Post a Comment