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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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Israeli Air Force Strikes Deep Inside Lebanon After Hezbollah Downs a Drone

 


The Israeli military has carried out airstrikes deep inside Lebanon, targeting positions of the militant Hezbollah group. Residents near the northeastern city of Baalbek reported explosions as the strikes hit their mark. According to a Hezbollah official, at least two people lost their lives in these attacks.

These strikes represent some of the most significant military actions within Lebanon since the Israel-Hamas conflict began over four months ago. The situation escalates further as Israel’s Defense Minister, Yoav Gallant, pledges to intensify operations against Hezbollah, even if a ceasefire is reached with Hamas in the Gaza Strip. The timing of these strikes, coming shortly after Hezbollah claimed to have shot down an Israeli drone, adds to the mounting tensions along the Lebanon-Israel border.

The incident underscores the delicate balance in the region, where geopolitical rivalries and historical animosities continue to shape events. As talks for a Gaza ceasefire unfold, the situation in Lebanon remains volatile, with both sides closely monitoring developments.

In the aftermath of these airstrikes, questions arise about the potential ramifications for regional stability. The international community watches closely, hoping for de-escalation and a path toward lasting peace. However, the events of today serve as a stark reminder that the Middle East remains a complex and fragile theater of conflict.


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