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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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Ukraine's Minerals Deal: A Strategic Shift Amid Controversy

Senior Russian security official Dmitry Medvedev has criticized the recent minerals agreement between Ukraine and the United States, claiming it forces Kyiv to pay for U.S. military aid with its natural resources. The deal, signed in Washington, grants the U.S. preferential access to Ukrainian minerals and establishes a joint Reconstruction Investment Fund to support Ukraine's post-war recovery.

Medvedev, a former Russian president, described the agreement as a move that exploits Ukraine's national wealth, calling it a "payment for military supplies." The deal comes at a time when the U.S. is reportedly frustrated by the lack of progress in peace talks between Moscow and Kyiv.

While Ukrainian officials have emphasized that the agreement ensures Ukraine retains ownership of its resources and does not create debt obligations, Medvedev's remarks highlight the geopolitical tensions surrounding the deal. The agreement also signals a shift in U.S. policy under President Trump, who has sought compensation for aid provided to Ukraine during its conflict with Russia.

The minerals deal is seen as a strategic partnership aimed at strengthening Ukraine's economy and security, but it has sparked debate over its implications for Ukraine's sovereignty and long-term stability.

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