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Wall Street Futures Edge Higher as Soft Jobs Data Fuels Rate-Cut Hopes

  US stock futures ticked upward on Wednesday, extending Wall Street’s rebound as investors digested a weaker-than-expected ADP employment report. The data showed a surprise decline in private-sector payrolls, reinforcing expectations that the Federal Reserve may move forward with an interest rate cut at its upcoming December meeting. Market Performance Dow Jones Industrial Average futures rose about 0.2%, adding 80 points to 47,624. S&P 500 futures gained 9.25 points to 6,849.50, up 0.14%. Nasdaq 100 futures advanced 25.50 points to 25,631.50, a 0.10% increase. Key Drivers The ADP jobs report revealed a drop in private-sector employment, signaling cooling labor market conditions. This bolstered investor confidence that the Fed will ease monetary policy, with markets pricing in nearly 88% odds of a rate cut next week. Tech stocks continued to provide momentum, with Nvidia and Marvell edging higher. Crypto-linked stocks surged, with PMAX up 67%, CMCT up 30%, a...

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Nationwide Protests Seek Unity Against Trump's Sweeping Agenda

As Donald Trump prepared to address a joint session of Congress, protest groups gathered at parks, statehouses, and other public grounds across the country to assail his presidency as dangerous and un-American. The rallies and marches, organized by the fledgling 50501 Movement, mark the latest attempt at national resistance to Trump's "Make America Great Again" base and the success it has had in reshaping the Republican Party in the president's populist image.

Protesters face a myriad of issues to push back against, from tariffs to Trump's reset on the war in Ukraine to the aggressive actions of the Department of Government Efficiency led by billionaire Elon Musk. Demonstrators carried signs addressing various topics, including climate change, education cuts, and vaccine science denial. Events were scheduled throughout the day in all 50 states, including later gatherings on the West Coast and in Hawaii.

In Austin, Texas, protesters showed support for Ukraine by wearing yellow, the color of Ukraine's national flag, and chanting against Trump's policies. The diverse range of issues and the widespread participation highlight the challenges and determination of those opposing Trump's sweeping agenda.


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