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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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Diplomatic Crossroads: Iran and U.S. Engage in High-Stakes Nuclear Talks in Oman


In a significant diplomatic development, Iran and the United States have commenced high-level talks in Muscat, Oman, to address Tehran's advancing nuclear program. The discussions come at a time of heightened tensions in the Middle East, with regional conflicts and geopolitical rivalries adding urgency to the negotiations.

The U.S. delegation, led by Special Envoy Steve Witkoff, and the Iranian team, headed by Foreign Minister Abbas Araghchi, are navigating a complex landscape of mutual distrust and conflicting objectives. While the U.S. insists on curbing Iran's nuclear ambitions to prevent the development of nuclear weapons, Tehran maintains that its program is solely for peaceful purposes and seeks relief from crippling economic sanctions.

Oman, known for its neutral stance, is mediating the talks, which are seen as a critical opportunity to de-escalate tensions and explore a path toward a sustainable agreement. However, the stakes are high, with U.S. President Donald Trump warning of potential military action should the negotiations fail to yield results.

Observers remain cautious about the outcome, noting the deep-seated mistrust between the two nations. The talks are expected to test the diplomatic resolve of both parties and could have far-reaching implications for regional stability and global security.

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