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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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Ex-Prosecutor Identifies Game-Changing Testimony in Trump’s Hush Money Trial


In a dramatic turn of events during the trial related to hush money payments, former U.S. Army prosecutor Glenn Kirschner highlighted a piece of testimony that could haunt Donald Trump. The trial centers around allegations that Trump falsified business documents to conceal payments made to porn actor Stormy Daniels before the 2016 election.

On election night in 2016, attorney Keith Davidson, who represented Stormy Daniels at the time, texted then-National Enquirer editor Dylan Howard with a revealing question: “What have we done?” This message came as it became increasingly apparent that Trump would win the election. The Enquirer had also engaged in a “catch and kill” initiative to bury potentially damaging stories about Trump.

Kirschner described this testimony as “breathtaking” and emphasized that it directly undermines one of Trump’s key defense assertions. Davidson’s acknowledgment of his actions potentially impacting the election result suggests that they recognized the damage caused by their conduct. Moreover, it’s clear that the hush money payments were intended to influence the election, not merely to conceal information from Melania or Trump’s family.

This revelation could have far-reaching consequences for Trump’s criminal responsibility. It challenges the defense’s attempts to distance Trump from any wrongdoing. As the trial unfolds, the impact of this admission remains to be seen.


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