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Stock Market Hits Pause as Investors Eye Jobs Data; Bitcoin Surges Past $100,000

                                         US stock futures stalled on Thursday as investors awaited fresh jobs data, causing the Nasdaq, Dow, and S&P 500 to hit a pause on their recent rallies. Meanwhile, Bitcoin continued its impressive run, surpassing the $100,000 mark. Market Movements Dow Jones Industrial Average (YM=F): Futures were little changed, signaling a pause in the record-setting rally that saw the Dow close above 45,000 for the first time. S&P 500 (ES=F): Contracts hovered below the flat line, with investors counting down to Friday's monthly jobs report. Nasdaq 100 (NQ=F): Also saw little movement, with futures hovering below the flat line. Bitcoin's Surge Bitcoin (BTC-USD) reached around $102,500 after breaking through the key $100,000 level late on Wednesday. This surge is driven by hopes for a crypto-friendly administration under President-elect Donald Trump, ...
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Blinken Embarks to Middle East for Sixth Gaza Diplomacy Push


 U.S. Secretary of State Antony Blinken returns to the Middle East on Wednesday for his sixth visit since the start of Israel’s war with Hamas. His mission is to facilitate discussions for a temporary ceasefire and the release of hostages held by Hamas.

Blinken will meet Saudi leaders in Jeddah and Egyptian leaders in Cairo to discuss talks brokered by Egypt and Qatar on an agreement, as well as efforts to get more aid into Gaza. The ongoing negotiations aim to alleviate the humanitarian crisis gripping Gaza. Additionally, Blinken will engage in conversations about arrangements for governance, security, and redevelopment in post-conflict Gaza.

The war was triggered when Hamas fighters crossed into Israel on a rampage, resulting in the loss of 1,200 lives and the capture of 253 hostages according to Israeli tallies. In response, Israel launched a retaliatory onslaught, resulting in the confirmed death of nearly 32,000 people in Hamas-run Gaza, with thousands more feared lost under the rubble.

Despite multiple visits to the U.S. ally on his previous regional swings, Blinken is not scheduled to visit Israel on this trip. Tensions have escalated between U.S. President Joe Biden’s administration and the government of Israeli Prime Minister Benjamin Netanyahu, who recently rebuffed Biden’s plea to call off a planned ground assault in the southern Gaza city of Rafah, where more than a million displaced Palestinians are sheltering.

Blinken’s diplomatic efforts continue as the international community closely watches the situation unfold in the region.

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