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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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Hezbollah Vows Escalation After Hamas Leader Yahya Sinwar’s Death

 

In a significant escalation of the ongoing conflict, Hezbollah has vowed to intensify its military actions following the death of Yahya Sinwar, a prominent Hamas leader. Sinwar was reportedly killed by Israeli forces during a gun battle in southern Gaza on Wednesday.

Hezbollah’s Response: The Lebanese militant group Hezbollah announced on Friday that it would enter a “new and escalating phase” in its confrontation with Israel. This declaration came shortly after Israel confirmed Sinwar’s death, marking a pivotal moment in the conflict.

Impact on the Region: Sinwar’s death is expected to have far-reaching implications for the Middle East. Hezbollah’s vow to escalate the war underscores the potential for increased violence and instability in the region. Iran, a key supporter of both Hamas and Hezbollah, has also indicated that the “spirit of resistance” will be strengthened.

International Reactions: The United States and other Western nations have expressed hope that Sinwar’s death could pave the way for a ceasefire. However, the immediate reactions from Hezbollah and Iran suggest that the conflict may intensify before any resolution is reached.

As the situation develops, the international community watches closely, hoping for a de-escalation and a return to peace talks.


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