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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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Wall Street Poised for Gains as U.S.-Britain Trade Deal Nears Completion

Wall Street is set for a higher open as investors react to news that the United States and Britain are on the verge of finalizing a trade agreement. The deal, expected to be announced at 10 a.m. ET, aims to lower tariffs on select goods, marking a significant step in trade relations between the two nations.

Market optimism is reflected in premarket trading, with Dow E-minis rising 0.75%, S&P 500 E-minis up 0.94%, and Nasdaq 100 E-minis climbing 1.32%. The agreement follows a pause in country-specific tariffs imposed by the U.S. last month, signaling a potential shift in trade policy.

Investors are also keeping an eye on semiconductor stocks, which have gained momentum amid reports that the U.S. may ease export restrictions on AI-related chips. Meanwhile, economic data shows a decline in unemployment claims, further boosting market sentiment.

As Wall Street prepares for the official announcement, analysts suggest that this trade deal could serve as a blueprint for future agreements with other global partners. The market’s response will likely depend on the specifics of the deal and its broader implications for international trade.



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