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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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Ceasefire Negotiations Between Israel and Hamas to Continue in Qatar


Efforts to establish peace in the ongoing conflict between Israel and Hamas are set to progress, with ceasefire talks anticipated to recommence in Qatar this Sunday. These discussions, facilitated by Egyptian officials, represent a critical juncture as they bring together Israeli and Hamas representatives for the first time since Ramadan began.

The proposed three-stage plan by Hamas outlines a roadmap to halt hostilities. Initially, a six-week ceasefire would involve a prisoner exchange, followed by a permanent ceasefire declaration and, ultimately, the lifting of the blockade on Gaza to allow reconstruction efforts.

Despite the complexity of the situation, with demands for a permanent ceasefire from Hamas and Israel’s objective to “annihilate Hamas,” there is a cautious optimism that these talks could mark a turning point in a conflict that has deeply affected the Gaza region and its inhabitants.

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