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Wall Street Pauses as Fed Meeting Looms: Futures Hold Steady

U.S. stock futures were little changed on Tuesday as investors awaited the start of the Federal Reserve’s final policy meeting of the year. The Dow Jones Industrial Average, S&P 500, and Nasdaq futures all hovered near flat, reflecting a cautious mood across Wall Street. The Fed is widely expected to keep interest rates unchanged, but traders are focused on Chair Jerome Powell’s comments and the central bank’s updated economic projections. Markets are looking for clues on when rate cuts might begin in 2024, with inflation cooling but still above the Fed’s long-term target. Recent gains in equities have been fueled by optimism that the Fed’s tightening cycle is over, yet uncertainty remains about how quickly monetary policy will shift toward easing. Until then, investors appear content to hold their positions, waiting for clearer signals from the Fed before making bold moves.
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Trade Tensions Ease as China Signals Openness to Dialogue


China has expressed its willingness to engage in trade talks with the United States, following President Donald Trump's indication that tariffs on Chinese goods could be significantly reduced. The announcement comes amidst escalating trade tensions, with tariffs reaching as high as 145% on Chinese imports. Beijing, which has imposed counter-tariffs of 125% on U.S. goods, reiterated its stance that trade wars have no winners and emphasized the importance of mutual respect in negotiations.

President Trump acknowledged the high tariff levels and hinted at substantial reductions, stating that while tariffs won't return to zero, they will be lowered significantly. This shift in tone has brought cautious optimism to global markets, which have been rattled by the ongoing trade conflict. Both sides appear to be signaling a willingness to de-escalate, though formal negotiations have yet to begin. 

The developments mark a potential turning point in the trade war, offering hope for a resolution that could stabilize global economic relations.

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