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Wall Street Futures Surge as Fed Hints at More Cuts, Nvidia’s $5B Intel Bet Lifts Tech

  U.S. stock futures climbed on Thursday, with the Nasdaq leading gains, after the Federal Reserve cut interest rates by 0.25 percentage points and signaled two more reductions could follow in 2025. Dow Jones Industrial Average futures rose 0.7%, S&P 500 futures gained 0.8%, and Nasdaq 100 futures jumped 1.2%, buoyed by a sharp rally in tech stocks. Intel shares surged nearly 30% in premarket trading after Nvidia announced a $5 billion investment in the struggling chipmaker, though the deal stops short of a manufacturing partnership. The Fed’s move, aimed at supporting a slowing economy amid high inflation and a weakening labor market, initially sparked caution, but optimism returned as investors bet on a more accommodative policy path. If gains hold, the S&P 500 is set to open above 6,700 for the first time, extending September’s unexpected rally. Traders are now watching weekly jobless claims for further clues on the labor market, while corporate earnings — including ...
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Tensions Escalate: Israeli Strike Claims Senior Hezbollah Commander’s Life

 

In a recent development, an Israeli strike in southern Lebanon resulted in the death of a senior Hezbollah commander. The slain official, Mohammad Naameh Nasser, also known as “Abu Naameh,” was the head of Hezbollah’s Aziz Unit—one of three regional divisions in southern Lebanon. This incident marks the highest-ranking Hezbollah figure killed since Taleb Sami Abdullah’s death in a June airstrike.

As tensions continue to simmer between Israel and Hezbollah, global diplomatic efforts are underway to prevent further escalation. The situation remains precarious, with both sides on edge. Hezbollah retaliated by launching heavy warhead rockets at Israeli military headquarters, signaling the gravity of the conflict.

Since October, Israeli airstrikes in Lebanon have claimed over 450 lives, primarily Hezbollah fighters, but also more than 80 civilians and non-combatants. On the Israeli side, 16 soldiers and 11 civilians have lost their lives. The conflict remains a delicate balance, with the potential for further escalation if a ceasefire is not achieved in the Gaza Strip.

Efforts to maintain calm and prevent an all-out war are crucial, but the situation remains highly volatile. Diplomats continue to scramble for solutions, hoping to avert a direct confrontation between Israel and Iran, which could have far-reaching consequences for the region.

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