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Wall Street Futures Rise Ahead of Thanksgiving Holiday

  US stock futures edged higher on Wednesday as investors looked to extend the market’s recent rally into the Thanksgiving holiday. Dow Jones Industrial Average futures gained 0.2%, S&P 500 futures rose 0.2%, and Nasdaq 100 futures climbed 0.3% . The move follows a strong session on Tuesday, when the Dow surged more than 660 points (1.4%) , marking its third consecutive day of gains. Tech stocks continued to drive momentum, with Alphabet closing at record highs after reports that Meta may adopt Google’s TPU chips in the coming years. Meanwhile, Nvidia shares slipped over 2.5% as competition in the AI chip space intensified. Investors are also keeping a close eye on the Federal Reserve. Markets are currently pricing in an 85% probability of a quarter-point rate cut in December , which has helped bolster optimism. Lower Treasury yields and easing inflation pressures have further supported the bullish sentiment. Through the first two trading days of this holiday-shortened we...
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Hamas Releases Final Hostage in Latest Exchange with Israel

In a significant development, Hamas has released the sixth and final Israeli hostage as part of the latest exchange agreement with Israel. The release took place on Saturday, marking the end of the first phase of the ceasefire deal between the two adversaries.

The final hostage, Hisham Al-Sayed, a 36-year-old Bedouin Israeli with a history of mental health issues, had crossed into Gaza on his own in 2015 and had been held since. His release follows the earlier release of five other hostages, including three Israeli men who were abducted from the Nova music festival during the October 7, 2023, attack by Hamas.

The exchange has been overshadowed by heightened tensions between the two sides. The ceasefire deal, which has paused over 15 months of conflict, is nearing the end of its first phase. Negotiations for a second phase, which would involve the release of dozens more hostages in exchange for a lasting ceasefire and an Israeli withdrawal, are expected to be even more challenging.

The release of the hostages was conducted in staged ceremonies, which have been condemned by both Israel and the Red Cross in the past. Despite the tensions, the exchange has brought a glimmer of hope for the families of the hostages and the possibility of a more stable ceasefire in the future.



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