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Wall Street Futures Climb as Alphabet Wins Key Antitrust Ruling; Jobs Data in Focus

  U.S. stock futures rose on Wednesday, led by gains in tech heavyweights after a favorable court ruling for Alphabet. The S&P 500 and Nasdaq futures advanced, while Dow futures were little changed ahead of closely watched labor market data. Alphabet shares jumped over 5% in premarket trading after a Washington judge ruled the company will not be forced to sell its Chrome browser but must share certain data with rivals. The decision also allows Google to continue lucrative payments to Apple, sending the iPhone maker’s stock higher. Analysts said the ruling removes a major legal overhang for Big Tech and signals a preference for pragmatic remedies over structural breakups. Investors are now turning their attention to the Job Openings and Labor Turnover Survey (JOLTS) report, due later in the morning, as part of a week packed with employment data culminating in Friday’s nonfarm payrolls. Weakness in recent jobs reports has fueled expectations of a September interest rate cut, ...
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Israel Strikes Hezbollah Weapons Smuggling Sites in Syria Amid Ceasefire Tensions


Israeli aircraft struck Hezbollah weapons smuggling sites along Syria's border with Lebanon on Saturday, November 30, 2024, testing a fragile ceasefire that took effect earlier this week. The Israeli military stated that the sites were used to smuggle weapons from Syria to Lebanon, which it deemed a violation of the ceasefire terms.

The ceasefire, brokered by the United States and France, calls for an initial two-month truce, during which Hezbollah militants are to withdraw north of Lebanon's Litani River, and Israeli forces are to return to their side of the border. Despite the ceasefire, sporadic violence has continued, reflecting the uneasy nature of the agreement.

There was no immediate comment from Syrian authorities or Hezbollah. The Israeli military has accused Hezbollah of violating the ceasefire multiple times since it began on November 27, 2024. Lebanon has also accused Israel of ceasefire violations.

The situation remains tense as displaced residents return to their homes amid warnings from both the Israeli and Lebanese militaries to stay away from certain areas.


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