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Wall Street Futures Surge as Fed Hints at More Cuts, Nvidia’s $5B Intel Bet Lifts Tech

  U.S. stock futures climbed on Thursday, with the Nasdaq leading gains, after the Federal Reserve cut interest rates by 0.25 percentage points and signaled two more reductions could follow in 2025. Dow Jones Industrial Average futures rose 0.7%, S&P 500 futures gained 0.8%, and Nasdaq 100 futures jumped 1.2%, buoyed by a sharp rally in tech stocks. Intel shares surged nearly 30% in premarket trading after Nvidia announced a $5 billion investment in the struggling chipmaker, though the deal stops short of a manufacturing partnership. The Fed’s move, aimed at supporting a slowing economy amid high inflation and a weakening labor market, initially sparked caution, but optimism returned as investors bet on a more accommodative policy path. If gains hold, the S&P 500 is set to open above 6,700 for the first time, extending September’s unexpected rally. Traders are now watching weekly jobless claims for further clues on the labor market, while corporate earnings — including ...
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Israeli Military Operation in Jenin: Six Dead, Dozens Wounded

In a significant escalation of tensions, a major Israeli military operation in the occupied West Bank city of Jenin has resulted in the deaths of at least six individuals and left dozens wounded, according to Palestinian health officials. The operation, which began on Tuesday, was described by the Israeli military as a "significant and broad military operation" targeting Palestinian militants.

The city of Jenin has been a focal point of repeated Israeli incursions and gun battles with militants over the years. This latest operation comes just days into a fragile ceasefire between Israel and Hamas in Gaza, which is intended to last for six weeks and includes the release of hostages and prisoners.

The Palestinian Health Ministry reported that more than 800 people have been killed in Israeli raids in the West Bank since the outbreak of the Israel-Hamas war. The operation has drawn condemnation from Hamas and other militant groups, who have called for increased resistance against Israeli forces.

The situation remains volatile, with ongoing violence and a complex political landscape. The international community continues to monitor the developments closely, hoping for a peaceful resolution to the conflict.







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