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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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Hezbollah Supports Ceasefire Efforts in Lebanon, Deputy Leader Says

 


In a recent statement, Hezbollah’s deputy leader, Naim Qassem, expressed the group’s support for ongoing efforts to establish a ceasefire in Lebanon. This comes after two weeks of intense Israeli airstrikes that have resulted in significant casualties and destruction.

Qassem highlighted the political efforts led by Lebanese Parliament Speaker Nabih Berri, emphasizing Hezbollah’s backing of these initiatives. He noted that while the group remains resilient and capable despite the heavy bombardment, a ceasefire is crucial for moving forward.

The deputy leader’s comments mark a significant moment in the conflict, as Hezbollah continues to engage in cross-border clashes with Israel. The group’s support for a ceasefire could pave the way for diplomatic resolutions and a reduction in hostilities.





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