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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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Escalating Tensions: Gaza’s Main Hospital Targeted Amid Famine Concerns

In a recent development that has escalated tensions in the region, Israeli forces have conducted another raid on Gaza’s principal medical facility. This operation comes at a time when the United Nations has issued a stark warning that famine could soon be a reality in the northern parts of the Gaza Strip.

The raid on the hospital has raised international concerns, as it is a critical infrastructure for the already beleaguered population of Gaza. The timing of the attack coincides with dire predictions from the UN, suggesting that food scarcity is reaching critical levels, potentially leading to widespread hunger.

As the situation unfolds, the international community watches with bated breath, hoping for a swift resolution that can prevent further humanitarian crises in the area. The recent events underscore the urgent need for sustained peace efforts and humanitarian aid to address the immediate needs of the population at risk.

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