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Wall Street Rallies as Trade Hopes and Tech Surge Lift Futures to New Heights

U.S. stock futures surged Monday morning, with the S&P 500 and Nasdaq 100 climbing to record highs, buoyed by renewed optimism over international trade negotiations and a tech-led rally. The momentum followed Canada’s decision to scrap its digital services tax targeting American tech giants—an unexpected move that helped thaw stalled trade talks with the U.S. Shares of major technology firms including Amazon, Meta, Alphabet, and Apple rose between 0.6% and 1.7% in premarket trading. The broader market also found support from expectations of deeper interest rate cuts by the Federal Reserve, fueled by soft economic data and speculation that President Donald Trump may replace Fed Chair Jerome Powell with a more dovish successor. As of early trading, S&P 500 e-minis were up 0.39%, Nasdaq 100 futures gained 0.6%, and Dow futures added 0.46%. Despite the record-setting highs, analysts note that the major indexes are still on track for their weakest first-half performance since 2022. ...

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Youth Activists Channel Anger into Hope at COP29 Climate Summit

 

At the COP29 climate summit in Baku, Azerbaijan, young activists from around the world are channeling their frustration and anger into a powerful force for hope and change. Despite facing significant challenges, including the devastating impacts of climate change on their communities and the often limited opportunities to influence decision-making, these young leaders are determined to make their voices heard.

Many of these youth activists have experienced firsthand the harsh realities of climate change. From losing homes and loved ones to extreme weather events, to witnessing the destruction of their natural environments, their anger is fueled by personal loss and a deep sense of urgency. However, rather than succumbing to despair, they are using their experiences to advocate for stronger climate action and more inclusive policies.

Marinel Ubaldo, a 27-year-old activist from the Philippines, exemplifies this spirit. Having survived two catastrophic typhoons as a teenager, she has been a vocal advocate for climate justice at multiple COP summits. “It has become so tiring for me to be just a poster child,” she said. "But I’m going to be positive that this COP could actually bring more clarity".

The summit has also highlighted the mental health impacts of climate change on young people. Experts have emphasized the need for urgent action to address these issues, noting that the psychological burden of climate anxiety is becoming increasingly severe.

Despite the challenges, the youth presence at COP29 is a testament to their resilience and unwavering commitment to a sustainable future. Their message is clear: while they are angry about the current state of the world, they are also hopeful and ready to fight for a better one.


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