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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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Renewed U.S. Support for Ukraine Amid Ceasefire Talks

 

The United States has resumed its flow of military aid to Ukraine, marking a pivotal moment in the ongoing conflict with Russia. This decision follows high-level talks in Saudi Arabia, where Ukrainian officials expressed openness to a 30-day ceasefire proposal backed by Washington. The ceasefire, if agreed upon by the Kremlin, would halt hostilities on land, sea, and air, offering a temporary reprieve in the three-year-long war.

The resumption of U.S. arms deliveries, facilitated through a Polish logistics hub, underscores the critical role of American support in bolstering Ukraine's defense capabilities. However, the Kremlin remains cautious, stating that it is awaiting detailed information before taking a position on the ceasefire proposal. Russian officials have signaled skepticism, emphasizing that any agreements must align with their terms.

As the international community watches closely, the proposed ceasefire represents a glimmer of hope for de-escalation. Yet, the path to lasting peace remains uncertain, with both sides holding firm to their strategic objectives. The coming days will reveal whether this initiative can pave the way for meaningful negotiations or if it will be another fleeting opportunity in a protracted conflict.

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