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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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Ukraine Unveils Wreckage of Russia’s New Ballistic Missile

 

Ukraine’s Security Service (SBU) has provided The Associated Press with exclusive access to the wreckage of a new Russian ballistic missile, claiming it as evidence of Moscow’s escalating military capabilities in the ongoing conflict. The remains were displayed at an undisclosed location, with Ukrainian officials asserting the missile represents a significant technological advancement in Russia’s arsenal.

The missile, believed to be a next-generation weapon, was reportedly intercepted during an attack on Ukrainian infrastructure earlier this week. “This is a clear signal that Russia is intensifying its aggression with increasingly sophisticated weapons,” an SBU spokesperson stated.

Military analysts examining the wreckage highlighted the missile’s enhanced range and precision, which could pose greater challenges for Ukrainian air defenses. Ukrainian officials have called for increased Western support, including advanced anti-missile systems, to counter these threats.

Russia has yet to comment on Ukraine’s claims, but the display comes as tensions remain high amid ongoing strikes and counteroffensives. The new weaponry raises concerns about the potential for further escalation in the conflict.


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