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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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Canada Women’s Soccer Team Triumphs Over Colombia to Reach Quarter-Finals

 

In a thrilling match at the 2024 Paris Olympics, the Canada women’s soccer team secured a crucial victory against Colombia, advancing to the quarter-finals. The match, held at the Stade de Nice, saw Canada clinch a 1-0 win, continuing their impressive run in the tournament.

Despite facing challenges, including a points deduction earlier in the competition, the Canadian team displayed resilience and determination. The lone goal of the match came from a well-executed play, showcasing the team’s skill and coordination.

With this victory, Canada maintains its hopes of defending its Olympic gold from Tokyo 2021 and aims to reach the medal podium for the fourth consecutive time. The team will now prepare for the knockout stages, with the quarter-finals set to begin on Saturday.

Stay tuned for more updates as the excitement at the Olympics continues!


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