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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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Market Turmoil: Stocks Plunge Amid Renewed Trade War Concerns

    

The U.S. stock market faced a sharp downturn today as escalating trade tensions between the United States and China rattled investor confidence. The Dow Jones Industrial Average fell by approximately 1,000 points, marking a 2.5% decline. Meanwhile, the S&P 500 dropped 3.5%, and the tech-heavy Nasdaq Composite tumbled 4.3%.

The sell-off was triggered by the White House's announcement of increased tariffs on Chinese goods, raising the total levies to 145%. This unexpected escalation in the trade war has left Wall Street grappling with uncertainty. Analysts warn that the heightened tariffs could lead to slower economic growth and rising prices, further straining the U.S. economy.

Despite a brief respite in the trade battle earlier this week, today's developments underscore the volatile nature of the market. Investors are now bracing for more turbulence as the trade war continues to unfold.



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