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Wall Street Pauses as Fed Meeting Looms: Futures Hold Steady

U.S. stock futures were little changed on Tuesday as investors awaited the start of the Federal Reserve’s final policy meeting of the year. The Dow Jones Industrial Average, S&P 500, and Nasdaq futures all hovered near flat, reflecting a cautious mood across Wall Street. The Fed is widely expected to keep interest rates unchanged, but traders are focused on Chair Jerome Powell’s comments and the central bank’s updated economic projections. Markets are looking for clues on when rate cuts might begin in 2024, with inflation cooling but still above the Fed’s long-term target. Recent gains in equities have been fueled by optimism that the Fed’s tightening cycle is over, yet uncertainty remains about how quickly monetary policy will shift toward easing. Until then, investors appear content to hold their positions, waiting for clearer signals from the Fed before making bold moves.
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Celestial Spectacle: Final Supermoon of 2024 and Meteor Shower Light Up the Sky

 

Stargazers are in for a treat this Friday night as the final Supermoon of 2024 graces the sky, accompanied by the dazzling Leonid meteor shower. This celestial event promises a spectacular display, with the Full Beaver Moon reaching its peak illumination at 4:29 PM EST.

A Supermoon occurs when the Moon is at its closest point to Earth, making it appear larger and brighter than usual. This is the fourth and final Supermoon of the year, and it won’t be until October 2025 that we witness another one.

Adding to the night’s splendor, the Leonid meteor shower will peak, offering the chance to see up to 15 meteors per hour under ideal conditions. However, the bright Supermoon may obscure all but the brightest meteors. For the best viewing experience, try to catch the meteors during the early morning hours when the Moon is lower in the sky.

Don’t miss this opportunity to witness one of the year’s most stunning astronomical events. Whether you’re an avid astronomer or just enjoy gazing at the night sky, this Supermoon and meteor shower combination is sure to be a memorable sight.


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