Skip to main content

Featured

Europe at a Crossroads: Trump’s Stark Warning in Davos

                                              A lit up sign put up over Davos ahead of President Trumps arrival At the World Economic Forum in Davos, President Donald Trump delivered a pointed critique of Europe’s current trajectory, arguing that the continent is “heading in the wrong direction.” His remarks added a sharper edge to a summit already defined by global uncertainty and competing visions for the future. Trump’s comments focused on what he described as Europe’s economic stagnation, political fragmentation, and policy choices around migration and energy. He suggested that these decisions were weakening Europe’s long‑term stability and diminishing its global influence. Framing the issue in broader terms, he emphasized that global prosperity is closely tied to American economic strength, asserting that a strong United States remains essent...
Post a Comment
Read more

article

Labels

Stock Market Today: Nasdaq Futures Surge as Investors Await Powell's Remarks

                                     

U.S. stock futures rose on Wednesday, with tech stocks leading the charge towards fresh record highs as investors eagerly await Federal Reserve Chair Jerome Powell's remarks for clues on future interest rates.

Dow Jones Industrial Average futures climbed 0.5%, or over 200 points, while S&P 500 futures added 0.3% following an all-time closing high. Contracts on the tech-heavy Nasdaq 100 led the way with a 0.7% gain.

Salesforce stock surged around 13% in pre-market trading after the software maker's quarterly revenue beat boosted hopes for its AI products. Shares of Okta and Marvell also jumped amid well-received earnings reports, setting a positive tone for tech stocks.

Investors are keen to hear Powell's speech in New York later today, with growing confidence in a potential December rate cut. Fed officials have signaled support for more easing as they prepare for their final meeting of the year.

A reading on private payrolls in November is also in focus after job openings data suggested the labor market is softening but not too much. The ADP report highlights a busy Wednesday of PMIs and other economic releases, leading into the all-important monthly jobs report on Friday.

Political turmoil in France and South Korea is also on investors' radar, with French lawmakers set to vote on a no-confidence motion and South Korea's president facing impeachment after briefly declaring martial law.


Labels:

Comments

Post a Comment