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Wall Street Futures Edge Higher as Soft Jobs Data Fuels Rate-Cut Hopes

  US stock futures ticked upward on Wednesday, extending Wall Street’s rebound as investors digested a weaker-than-expected ADP employment report. The data showed a surprise decline in private-sector payrolls, reinforcing expectations that the Federal Reserve may move forward with an interest rate cut at its upcoming December meeting. Market Performance Dow Jones Industrial Average futures rose about 0.2%, adding 80 points to 47,624. S&P 500 futures gained 9.25 points to 6,849.50, up 0.14%. Nasdaq 100 futures advanced 25.50 points to 25,631.50, a 0.10% increase. Key Drivers The ADP jobs report revealed a drop in private-sector employment, signaling cooling labor market conditions. This bolstered investor confidence that the Fed will ease monetary policy, with markets pricing in nearly 88% odds of a rate cut next week. Tech stocks continued to provide momentum, with Nvidia and Marvell edging higher. Crypto-linked stocks surged, with PMAX up 67%, CMCT up 30%, a...
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Turmoil in Trump’s Trial: Jury Selection Amidst Controversy

 

The jury selection for former President Donald Trump’s trial has been a whirlwind of events, marked by unexpected turns and courtroom drama. A juror, previously seated, was dismissed due to concerns over media exposure of her identity. Adding to the tumult, Trump was observed using his cellphone, a clear breach of court regulations.

Key Developments:

  • Dismissed Juror: The revelation of a juror’s identity by the press led to her dismissal, highlighting the intense public scrutiny surrounding the trial.
  • Courtroom Conduct: Trump’s cellphone use in court flouts the established rules, underscoring the unconventional nature of the proceedings.
  • Awaiting Justice: With the jury now finalized, the stage is set for the trial to unfold, as the world watches with bated breath.

This article encapsulates the latest updates from the high-profile legal battles involving Donald Trump, as the nation anticipates the outcomes of the various charges laid against him.

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