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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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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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