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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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U.S. Probes Leak of Classified Documents on Israel’s Attack Plans

 

The United States government has launched an investigation into the unauthorized release of highly classified documents detailing Israel’s plans to attack Iran. These documents, marked as top secret, were posted on the Telegram messaging app and first reported by CNN and Axios.

The leaked documents provide a detailed assessment of Israel’s military strategies and capabilities, including sensitive information that suggests Israel possesses nuclear weapons. The authenticity of the documents has been confirmed by multiple U.S. officials, who have expressed concern over the potential implications of this breach.

The investigation aims to identify the source of the leak and assess the potential damage to national security and international relations. This incident underscores the ongoing challenges in safeguarding classified information in the digital age.


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