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Wall Street Futures Climb on Fed Cut Hopes as Bitcoin Extends Steep Decline

US markets staged a rebound Friday morning, with futures for the Dow Jones Industrial Average, S&P 500, and Nasdaq all moving higher after a turbulent week. The rally was fueled by growing bets that the Federal Reserve could cut interest rates at its upcoming December meeting, following dovish comments from New York Fed President John Williams. His remarks shifted sentiment sharply, with nearly 70% of traders now expecting a rate cut. Dow futures gained 0.7% , leading the advance. S&P 500 futures rose 0.5% , while Nasdaq futures added 0.4% . The optimism comes after Thursday’s sharp sell-off, underscoring the volatility gripping markets as investors weigh AI-driven risks and Fed policy divisions. Meanwhile, cryptocurrencies continued to struggle. Bitcoin plunged to around $82,000 , marking its worst month since the 2022 crypto collapse. The decline reflects heavy institutional outflows, miner sell-offs, and broader risk-off sentiment across digital assets.
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Passover 2025: A Celebration of Freedom and Tradition

 

Passover, also known as Pesach, is a significant Jewish holiday that commemorates the liberation of the Israelites from slavery in ancient Egypt. In 2025, Passover begins at sundown on Saturday, April 12, and concludes at nightfall on Sunday, April 20.

This eight-day festival is rich in traditions and rituals. It starts with the Seder, a ceremonial meal held on the first two nights (or just the first night in Israel). The Seder includes storytelling, symbolic foods, and the recitation of prayers, all aimed at retelling the story of the Exodus. Throughout the holiday, leavened products are avoided, and matzah, an unleavened bread, is eaten to honor the haste with which the Israelites left Egypt.

Passover is not only a time for reflection and gratitude but also a celebration of freedom and resilience. It serves as a reminder of the enduring spirit of a people who overcame adversity to forge a new path.

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