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Trump Pressures Tehran to Move Quickly on U.S. Ceasefire Proposal

A person stands next to the remnant of an Iranian missile, in Beitin village near Ramallah, in the Israeli-occupied West Bank U.S. President Donald Trump has urged Iran to act swiftly on a proposed ceasefire plan aimed at ending nearly four weeks of intense conflict across the Middle East. His remarks came after Iranian Foreign Minister Abbas Araqchi stated that Tehran is reviewing the U.S. proposal but is not engaged in direct negotiations, insisting that current exchanges through intermediaries do not constitute formal dialogue.  Indirect communication between the two countries is reportedly being facilitated by Pakistan, with additional support from Turkey and Egypt. Despite this, Iranian officials maintain a firm stance, emphasizing continued resistance and rejecting the notion of active talks.  Trump, however, has publicly claimed that Iranian leaders are eager for a deal, asserting that they are under immense pressure both domestically and militarily. He warned Tehran...
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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.


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