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Wall Street Rallies as Trade Hopes and Tech Surge Lift Futures to New Heights

U.S. stock futures surged Monday morning, with the S&P 500 and Nasdaq 100 climbing to record highs, buoyed by renewed optimism over international trade negotiations and a tech-led rally. The momentum followed Canada’s decision to scrap its digital services tax targeting American tech giants—an unexpected move that helped thaw stalled trade talks with the U.S. Shares of major technology firms including Amazon, Meta, Alphabet, and Apple rose between 0.6% and 1.7% in premarket trading. The broader market also found support from expectations of deeper interest rate cuts by the Federal Reserve, fueled by soft economic data and speculation that President Donald Trump may replace Fed Chair Jerome Powell with a more dovish successor. As of early trading, S&P 500 e-minis were up 0.39%, Nasdaq 100 futures gained 0.6%, and Dow futures added 0.46%. Despite the record-setting highs, analysts note that the major indexes are still on track for their weakest first-half performance since 2022. ...

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Pentagon to Deploy 1,500 Troops to US-Mexico Border


The Pentagon has announced plans to deploy up to 1,500 active-duty troops to the US-Mexico border in the coming days. This move follows executive orders signed by President Donald Trump aimed at enhancing border security. Acting Defense Secretary Robert Salesses is expected to sign the deployment orders soon.

The troops will join approximately 2,500 National Guard and Reserve forces already stationed at the border. Their primary roles will include logistics, transportation, and construction of barriers to support border patrol agents. However, it remains to be seen if they will engage in law enforcement duties, which would mark a significant shift in their traditional roles.

This deployment is part of a broader strategy to "seal the borders" and address illegal immigration. The move has been met with mixed reactions, with supporters applauding the increased security measures and critics raising concerns about the implications of using military forces in this capacity.




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